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Why Intel warns that government stake may hurt shareholders
On Friday, President Trump struck a deal with Intel. In exchange for around $9 billion in grants that the federal government awarded to the chipmaker during the Biden administration, the U.S. government gets an ownership stake in the company — just shy of 10%.
The U.S. stake in Intel does not amount to a complete government takeover. While the federal government has assumed total ...
WASHINGTON (Reuters) - Intel said on Aug. 25 that the U.S. government's 9.9% stake in the chipmaker could pose risks to its ...
In an SEC filing, the chipmaker said the deal could cost it sales and open it up to backlash from other countries, business ...
The stake will be funded by the $5.7 billion in unpaid Chips Act grants and the $3.2 billion award from the Secure Enclave ...
18hon MSN
The U.S. stake in Intel may be the beginning of a U.S. sovereign wealth fund, Hassett says (updated)
The U.S. government's 10% stake in Intel (INTC) may form the basis of a U.S. sovereign wealth fund, Kevin Hassett, director ...
Intel said on Monday that the 10% stake by the U.S. government in the chipmaker could pose risks to its business, from ...
Sen. Rand Paul (Ky.), a libertarian-minded Republican, criticized the Trump administration’s push to acquire a stake in U.S.
Walter Isaacson, Tulane University professor and Perella Weinberg advisory partner, criticized the proposed U.S. government ...
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