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The stake will be funded by the $5.7 billion in unpaid Chips Act grants and the $3.2 billion award from the Secure Enclave ...
SYDNEY (Reuters) -Asian share markets rallied on Monday as investors celebrated the likely resumption of interest rate cuts ...
President Donald Trump on Sunday responded to Maryland Gov. Wes Moore's invitation to attend a public safety walk next month ...
The U.S. has taken another step toward its bid to create a sovereign wealth fund that can profit from investments in U.S.
Under the deal, the US government is committing $8.9 billion to purchase Intel stock, which would give the government a 9.9% ...
WASHINGTON (AP) — President Donald Trump on Friday announced the U.S. government has secured a 10% stake in struggling ...
Phoenix has addressed some of the challenges identified in a 1987 report. But some remain. And new issues have formed.
The U.S. government acquired a 10% stake in Intel, converting previously awarded grants into equity, a move hailed by ...
The Manila Times on MSN8h

Did Trump save Intel? Not really

US President Donald Trump is injecting nearly $9 billion into Intel in exchange for a 9.9 percent equity stake. But the money ...
This creates an accountability gap: Intel would be “too big to fail”, but no longer disciplined by the ordinary checks of corporate governance. The risk is not only politicisation of the company’s ...