News

Trump says US will take 10% stake in Intel because CEO wants to “keep his job”

Intel has agreed to sell the US a 10 percent stake in the company, Donald Trump announced at a news conference Friday. The US ...

Intel Stock Adds to Gains After Reports on U.S. Taking Equity Stake in the Company

Intel shares were up about 6% on the day, adding to earlier gains after reports that President Trump is set to announce the U ...

TSMC Won’t Be Forced to Give a Stake to the U.S. Where That Leaves Intel.

The Trump administration is backing away from suggestions it could take a stake in TSMC, despite its plans to demand shares ...

Trump Administration Says It's Not Looking to Take Stakes in TSMC, Micron

Unlike Intel, Taiwan Semiconductor Manufacturing Company and Micron may not be required to give up stakes in exchange for ...

Tulane University’s Walter Isaacson: Trump’s push for Intel stake is ‘a scattershot method of crony capitalism’

Walter Isaacson, Tulane University professor and Perella Weinberg advisory partner, criticized the proposed U.S. government ...

GOP senator: US stake in Intel would be ‘step toward socialism’

Sen. Rand Paul (Ky.), a libertarian-minded Republican, criticized the Trump administration’s push to acquire a stake in U.S.