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The CNBC report, which cited people familiar with the matter, did not name the potential investors. Intel, whose shares fell ...
But Intel wasn't alone in winning CHIPS Act grants. As CNBC points out, Taiwan Semiconductor (TSMC) was awarded $6.6 billion ...
WASHINGTON (Reuters) -Liberal U.S. Senator Bernie Sanders on Wednesday threw his support behind President Donald Trump's plan to convert U.S. grants to chipmakers, including $10.9 billion for Intel, ...
Global markets were higher on Wednesday before a tech sell-off on Wall Street extended into a second day and dampened the mood. Euronext Dublin finished 1.6 per cent lower, dragged down by insulation ...
U.S. equities declined by Wednesday’s midday trade as investors turned cautious ahead of the release of the minutes of the Federal Reserve’s July FOMC meeting. The SPDR S&P 500 ETF (SPY), which ...
President Donald Trump wants the U.S. government to own a piece of Intel, less than two weeks after demanding the Silicon Valley pioneer dump the CEO that was hired to turn around the slumping ...
The Trump administration is testing a simple proposition: if Washington funds you, Washington should own a piece of you.
President Trump is pursuing a 10% US government stake in Intel by converting Biden-era grants into equity. The move aims to boost domestic chip production, reduce reliance on foreign suppliers, and ...