Intel Corporation (INTC)
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.
Intel Stock's Biggest Ally: Washington?
Intel (NASDAQ:INTC) has surged nearly 20% over the past week to levels of about $24.50 a share. So what's been fueling the gains?
Chips Act Funds Could Be Used for Intel Stake
The Trump administration is said to be considering using funds from the Chips Act to take a stake in Intel, according to sources. Bloomberg's Joe Deaux joins Caroline Hyde and Ed Ludlow on “Bloomberg Tech.
U.S. government will invest in Intel's foundry business, says Moor Insights CEO Patrick Moorhead
Patrick Moorhead, Moor Insights and Strategy CEO, joins 'Power Lunch' to discuss Moorhead's reaction to the latest news regarding Intel, the government's ties to the company and much more.
