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The Latest Breaking News from LipBu Tan

Trump's Intel deal gambles with the perils of picking national champions

Also: All the news and watercooler chat from Fortune.

Fortune

Intel Is Trading at a Valuation Not Seen Since the Dot-Com Era. Will Trump Sweeten the Deal for INTC Stock?

It’s unclear if Intel will be able to grow its foundry business and benefit from the stakes taken by the Trump administration and SoftBank.

Barchart

'Trump Wasn't Hired To Run A Hedge Fund,' Says Peter Schiff As Intel Deal Divides Experts Amid Calls To Break Taiwan Dependence For Chips

Economists and tech analysts are divided over President Donald Trump's decision to give the U.S. government a 10% stake in Intel Corporation (NASDAQ:INTC), with some calling it unconstitutional and others praising it as crucial for national security and semiconductor independence.

Benzinga

From analysis to the latest developments in health,
read the most diverse news in one place.

Trump says Intel will give US government a 10% stake in its business

Deal comes despite Trump calling for Intel CEO to resign earlier this month for being ‘highly conflicted’

The Independent UK

Trump, Intel Announce Deal Giving US A 10% Stake In Chipmaker

Chipmaker Intel has agreed to give the US government a 10-percent stake in its business, the company and President Donald Trump announced Friday.

International Business Times

Trump says Intel has agreed to give US government a 10% stake

Unprecedented deal comes after president demanded CEO Lip-Bu Tan to resign over his ties to Chinese firms

The Guardian - US

Trump Announces Billion Deal With Intel CEO

President Trump secures billion stake deal with Intel to boost US semiconductor manufacturing and national security.

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Trump says Intel agreed to give the government 10% of the chipmaker. ‘We do a lot of deals like that. I’ll do more of them’

Commerce Secretary Howard Lutnick previously said the U.S. government should receive equity in return for the CHIPS Act cash grants Intel has received.

Fortune

Trump says US to take 10 percent stake in Intel

The extraordinary development follows a meeting between CEO Lip-Bu Tan and Trump after he called for Tan’s removal.

Al Jazeera

US government to purchase 10% stake in Intel, according to report — "A great deal," says Trump

The US government is set to acquire a 10% stake in Intel, with the deal reportedly linked to CHIPS Act funding, according to Bloomberg.

Windows Central

US government pushes for 10% Intel stake amid US-China chip war

The Trump administration is moving to convert billions in CHIPS Act subsidies into a 10% equity stake in Intel. The first-of-its-kind deal would make Washington the company’s largest shareholder and signal a new era of direct government ownership in Silicon Valley.

Euronews

White House confirms talks to acquire 10% stake in Intel — 'We should get an equity stake for our money'

The U.S. wants to get 10% of Intel in exchange for the billions of dollars it’s giving it under the CHIPS Act.

Tom’s Hardware

Trump Admin To Turn Intel's CHIPS Act Grants Into Equity, Says Howard Lutnick: 'Why Are We Giving A Company Worth $100 Billion, This Kind of Money?'

Commerce Secretary Howard Lutnick said the Trump administration plans to convert federal funding pledged to Intel Corp. (NASDAQ:INTC) under the CHIPS Act into an equity stake, arguing that taxpayers deserve a return instead of providing “giveaways to rich companies.”

Benzinga

TSMC Legend Morris Chang Once Branded Former Intel CEO 'Rude' Over 'Taiwan Is Not A Stable Place' — Today, Intel Struggles In The AI Landscape

Intel Corp's (NASDAQ:INTC) relationship with Taiwan Semiconductor Manufacturing Co. (NYSE:TSM) soured years back — and it all traces back to comments that left TSMC's legendary founder unimpressed.

Benzinga

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Tom’s Hardware

Softbank reportedly considered buying Intel's foundry division outright before investing $2 billion into the company as equity

SoftBank invested $2 billion into Intel today, but before that they considered buying the company's foundry division outright. Softbank, who already owns ARM, would've likely been blocked over monopolistic concerns, but CEO Masayoshi's relationship with Trump might've easedlocalapproval.

Benzinga

Trump Goes From Intel Critic To Cheerleader In Record Time: Tepper Saw It Coming

Donald Trump's relationship with Intel Corp (NASDAQ:INTC) has flipped almost overnight. After calling the chipmaker "a disaster" last year, the president is now touting it as a national champion — right as the stock begins to claw its way back.

Benzinga

Intel Stock Is Rising Tuesday: Here's Why

Intel Corp (NASDAQ:INTC) shares are trading higher Tuesday after it was announced that Softbank will invest $2 billion in the company.

TechRadar

Intel saved? Softbank is investing $2 billion in beleagured chipmaker - and the Trump administration may still take a stake too

SoftBank has secured a $2 billion deal with Intel, and the Trump Administration might also want a slice of the pie.

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Euronews

Japan's SoftBank continues US investment as it moves to gain 2% stake in chip maker Intel

The Japanese tech giant has been increasing its investments in the US since the beginning of US President Donald Trump's second term.

The Guardian - UK

Intel secures $2bn lifeline from Japan’s SoftBank

Shares in chip maker rise amid reports US government is also considering taking a stake

The Independent UK

Japan's SoftBank to take $2 billion stake in computer chip maker Intel

Japanese technology giant SoftBank Group says it plans to take a $2 billion stake in computer chip maker Intel as it deepens its involvement in U.S. semiconductor manufacturing in the United States

The Independent UK

Trump administration considers 10% stake in Intel to rescue embattled chip maker: reports

Talk of a potential U.S. share in the chip maker comes after Trump called on the CEO of Intel to resign earlier this month over his China ties

Benzinga

Intel Stock Jumps Over 5% After Hours As SoftBank Buys $2 Billion Stake, Trump Administration Weighs Investment

Intel Corporation (NASDAQ:INTC) surged in after-hours trading after SoftBank Group (OTC:SFTBF) (OTC:SFTBY) agreed to inject $2 billion into the chipmaker amid reports that the Donald Trump administration is weighing a 10% stake in the company.

Investors Business Daily

Intel Announces $2 Billion SoftBank Investment. Stock Jumps.

Intel stock rallied late Monday after the company announced that SoftBank is making a $2 billion investment in the chip giant.

Tom’s Hardware

Trump administration reportedly mulling a 10% stake in Intel — CHIPS Act funding could be reworked into the purchase amount

The Trump administration is considering taking a 10% stake in Intel by converting $10.9B in Chips Act grants into equity, a move that would make the U.S. government Intel’s largest shareholder and mark a major shift in how federal chip funding is deployed.

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