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US seeks equity stake in Intel
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The Commerce secretary outlined a plan to blend the private and public sectors but denied it represents "state capitalism." ...
Lutnick just laughed it off, indignantly pointing out that “we were just giving away the money” under the previous terms of ...
Commerce Secretary Howard Lutnick said Tuesday that the government is seeking an equity stake in the chipmaker in return for ...
If it were to happen, Treasury Secretary Scott Bessent said the US wouldn't pressure companies to buy Intel chips. A possible deal would be for the US to exchange $10.9 billion in grants for a stake.
Intel is getting a $2 billion lifeline from Japan's SoftBank, the companies announced Monday after signing a definitive ...
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