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Commerce Secretary Howard Lutnick is defending the Trump administration’s decision to purchase a 10 percent equity stake in Intel, the multinational tech company. In a recent Cabinet meeting, he sat ...
President Donald Trump’s deal to assume a 10 percent stake in chipmaking giant Intel breaks with years of U.S. economic precedent — a level of government involvement in private enterprise rarely seen ...
Narahari Ramanuja, a 25-year Intel veteran, is leaving to run Analog Devices’ newly expanded Oregon factory. He’s the latest in a string of top technology executives to leave Intel amid the company’s ...
The federal government is now Intel’s largest shareholder. President Trump has taken a 10% stake in the American chipmaker, which has brought stinging criticism from old-line conservatives who ...
SAN FRANCISCO (Reuters) - U.S. President Donald Trump is injecting nearly $9 billion into Intel in exchange for a 9.9% equity stake. But the money - which the struggling chipmaker was slated to ...
Daniel McCarthy is the editor of Modern Age: A Conservative Review and a columnist for The Spectator and Creators Syndicate. Is it Comrade President now? Some conservatives are up in arms about ...
The Trump administration made an unprecedented, and confusing, move last week when it announced plans to convert money Intel was supposed to receive through Joe Biden-era government grant programs ...
Lip-Bu Tan, Chief Executive Officer of Intel, agreed to President Trump's demand of 10% of Intel stock in order to stay in business. The current value of that 10% stake is $8.9 billion.(Andrej Sokolow ...
Former Reagan economist Art Laffer analyzes President Donald Trump’s decision to take a 10% stake in Intel on ‘Kudlow.’ Bruce Willis Family Makes Difficult Decision as His Condition Worsens Judge ...
On Aug. 22, Intel INTC and the US government formally announced an agreement in which the government will make an $8.9 billion investment in the firm’s common stock at a price of $20.47 per share, ...
Former Republican presidential candidate Nikki Haley condemned the Trump administration’s decision to take a 10 percent stake in Intel. “Biden was wrong to subsidize the private sector with the Chips ...