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The Latest Breaking News from LipBu Tan

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.

Top News

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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

The US government now owns nearly 10% of Intel — here’s why it happened

The US government now owns nearly 10% of Intel after an $8.9 billion deal, combining CHIPS Act funding and national security grants — here’s why it matters for America’s chip strategy.

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

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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

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.

Tom’s Hardware

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.

Benzinga

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.

TechRadar

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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

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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.

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.

Benzinga

Deal Dispatch: BeyondTrust On The Block; NBA Teams, Dr. Phil, Alex Jones In Spotlight

For the previous edition of Deal Dispatch, click here.

Fortune

Days after Intel CEO meets with Trump, the federal government is reportedly negotiating a stake in the chips champion

Trump has called Intel CEO Lip-Bu Tan both “highly conflicted” and possessing “an amazing story.”

Reason

Intel Is Reportedly the Latest Company Trump Wants a Piece Of

Since returning to office in January, Trump has floated several deals that would involve the feds taking a piece of an American company.

Windows Central

Trump’s changing stance on Intel's "conflicted" CEO Lip-Bu Tan sparks talk of government stake in the chipmaker

A week after calling Intel’s CEO “conflicted,” Trump met with him. Now the U.S. is reportedly exploring a stake in the chipmaker.

Benzinga

Intel Jumps As Trump Explores Investment In Bid To Revive US Chip Ambitions

Intel Corp. (NASDAQ:INTC) gained Friday after Bloomberg reported that the Trump administration is weighing taking a stake in the chipmaker, following a meeting between President Donald Trump and CEO Lip-Bu Tan.

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