Intel Corporation (INTC)
Intel Shares Pop 7% As SoftBank Invests $2 Billion And Trump Administration Weighs Stake
23.6%. That's how much Intel's stock increased by last week, the best weekly performance by the company since January 2000.
Intel Shares Pop 5% As SoftBank Invests $2 Billion And Trump Administration Weighs Stake
23.6%. That's how much Intel's stock increased by last week, the best weekly performance by the company since January 2000.
Intel Stock Jumps as SoftBank Invests $2B in Struggling Chipmaker
Intel (INTC) shares are surging 6% in premarket trading Tuesday on news that Japan's SoftBank Group is making a $2 billion investment in the struggling U.S. chipmaker.
Trump administration weighs 10% stake in Intel via Chip Act grants, making government top shareholder
The Trump administration has reportedly floated converting the company's CHIPS and Science Act grants into equity. At Intel's current market value, a 10% stake could be worth roughly $10.4 billion.
Intel's stock rallies after $2 billion investment by Japan's SoftBank
Intel Corp. shares jumped in after-hours trading Monday after the chipmaker announced a $2 billion investment by Japan's SoftBank Group Corp.
Trump Administration Discusses Taking 10% Stake in Intel
Federal officials are considering the move because Intel, the last leading-edge chipmaker in the United States, has been struggling.
Intel is getting a $2 billion investment from SoftBank
SoftBank is buying roughly 2% of Intel's outstanding shares in a $2 billion investment in the chipmaker. “Semiconductors are the foundation of every industry," SoftBank CEO Masayoshi Son said in a statement.
S&P 500 Gains and Losses Today: Solar Stocks Surge; Intel Slides After Recent Rally
Major U.S. equities indexes were little changed Monday ahead of key retail sector earnings reports and comments from Federal Reserve Chair Jerome Powell expected later in the week.
Options Traders Target Intel Stock's Rebound
Semiconductor stock Intel Corp (NASDAQ:INTC) has had quite a choppy year so far, though the $18 region has kept pullbacks in check.
Intel shares fall on report of US government stake talks
The Trump administration is reportedly in discussions to acquire a roughly 10% stake in Intel Corp (NASDAQ:INTC, ETR:INL), a move that could make the US government the chipmaker's largest shareholder, Bloomberg News reported on Monday. A 10% holding in the American semiconductor giant would be worth around $10 billion.
Will Intel Go Up If It Becomes A 'State-Owned Company'?
I reiterate my buy rating on INTC stock, as the market is undervaluing its foundry potential and government intervention could be a game-changer. The semiconductor foundry industry is highly concentrated, and without strong government support, Intel is unlikely to turn around its foundry business. Recent news of potential US government equity stakes and tariffs signals a shift toward interventionist policy, which could benefit INTC significantly.
Latest stock Jim Cramer said to sell just soared 20%
On August 6, CNBC's Mad Money host Jim Cramer criticized Intel (NASDAQ: INTC) for losing $18.8 billion on its foundries division last year, even with the help of government subsidies.
