Intel Corporation (INTC)
Top Stock Movers Now: Keurig Dr Pepper, RH, Intel, and More
U.S. equities were mixed and little changed at midday as the market awaited more key corporate earnings reports this week, including from Nvidia (NVDA). The Dow Jones Industrial Average and S&P 500 fell, while the Nasdaq gained.
Intel shares extend rally despite warning of risks from US government stake
Intel Corp (NASDAQ:INTC, ETR:INL) shares continued to gain momentum on Monday even after the company warned that the US government's stake could pose risks to its business. On Friday, the US government acquired a 9.9% stake in Intel by investing approximately $8.9 billion, marking one of the largest federal interventions in a US company since 2008, with an option to increase its stake by another 5% under specific conditions.
Intel Stock Keeps Getting a Boost From US Investment
Intel (INTC) shares added to their Friday gains following word the U.S. had taken about a 10% stake in the struggling chipmaker.
Trump says he ‘paid zero' for the US Government's 10% stake in Intel
Intel Corporation (NASDAQ: INTC) shares were trading at $25.25 on Monday, up 3.02% on the day and more than 22% higher over the past month, after President Donald Trump declared that the United States “paid zero” for its newly acquired stake in the semiconductor giant.
When Washington Buys Intel, It Owns You Too
The past week has seen many decrying the folly of government picking winners in business. But the Trump administration's announcement of an 8.9 percent equity stake in chipmaker Intel is a reminder that government mostly picks losers.
Intel warns US stake could hurt international sales, future grants
Intel said on Monday that the 10% stake by the U.S. government in the chipmaker could pose risks to its business, from potentially harming international sales to limiting its ability to secure future government grants.
Intel Stock Still Looks Like Dead Money. Why This Chip Maker Is a Better Bet.
A look at the chart suggests shares aren't ready to break higher even after President Donald Trump announced the U.S. would take a 10% stake.
Inside Intel's Tricky Dance With Trump
Just five months into his tenure as Intel's CEO, Lip-Bu Tan was fighting for his job. Getting to a truce with the president was a two-week roller-coaster ride.
Opinion | Uncle Sam Shouldn't Own Intel Stock
The Chips Act wasn't about raising revenue, and an equity share wouldn't enhance national security.
Did Trump save Intel? Not really
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 receive anyway under a federal funding act - will not be enough for its contract-chipmaking business to flourish, analysts said.
The Donald Trump Administration Is Pondering Equity Stakes in Intel, TSMC, Micron, and Samsung -- and It Sets a Dangerous Precedent
In the seven months since President Donald Trump's inauguration, Wall Street's major stock indexes have been taken on quite the ride.
Trump Strikes Deal Giving US Government 10% Stake in Intel
Intel (INTC) shares surged Friday, as President Trump said the U.S. government struck a deal giving it a 10% stake in the struggling chipmaker.
