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US commerce secretary Howard Lutnick is looking into the White House taking equity stakes in Intel and other chipmakers in exchange for grants under the Chips Act, which aims to spur factory-building ...
Intel CEO Lip-Bu Tan is scheduled to visit the White House on Monday following President Donald Trump’s call last week for ...
Treasury Secretary Scott Bessent said the White House wouldn't try to flex its power with a stake in Intel.
Intel is getting a $2 billion capital injection from SoftBank Group in a major vote of confidence for the troubled U.S.