Intel Corporation (INTC)
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.
Intel's Big Break: Trump, SoftBank, And Fed Rate Cuts Could Spark A Comeback
Intel Corporation is a national security asset, transitioning from PC-focused chipmaker to foundry services under new CEO Lip-Bu Tan. Government's proposed 10% equity stake and SoftBank investment could provide critical capital relief for debt reduction and turnaround efforts. Fed rate cuts offer near-term relief on revolvers and short-term debt, with refinancing benefits possible if 10-year yields decline.
U.S. now owns 10% of Intel, says Commerce Secretary Howard Lutnick
Commerce Secretary Howard Lutnick said on Friday that the U.S. government has taken a 10% stake in Intel, the embattled chipmaker that is the only American company capable of making advanced chips on U.S. soil.
The Score: Intel, Home Depot, Meta and More Stocks That Defined the Week
Here are some of the major companies whose stocks moved on the week's news.
Trump says Intel agreed to a $10 billion deal with the US government, sending stock up over 6%
President Donald Trump on Friday said that Intel has agreed to a $10 billion deal with the US government. A deal hasn't been confirmed by Intel.
Trump Says Intel Agrees to Sell 10% Stake to US Government
Intel (INTC) shares surged Friday as President Donald Trump said the struggling chipmaker agreed to allow the U.S. government to take a 10% stake.
Intel agrees to U.S. government stake, Trump says. Why it may not be the last chip company to do so.
Intel Corp. has agreed to the U.S. government taking a stake in the chip maker, President Donald Trump said Friday, not long after he met with the company's chief executive after initially calling for him to resign.
Trump Set to Announce US Government Stake in Intel Today, Report Says
The Trump administration and Intel (INTC) are set to announce details Friday of an agreement that would see the U.S. government take a stake in the struggling chipmaker, according to a report.
Intel stock rises as Trump says chipmaker has agreed to sell stake to government
President Trump said on Friday that the U.S. government is looking to take a 10% stake in struggling chipmaker Intel. The stock rose earlier after Bloomberg reported that the Trump administration was poised to announce a government investment in the company.
Trump to Announce U.S. Taking Nearly 10% Stake in Intel
The move comes after days of discussion in Washington about options for the troubled American chipmaker's future.
