News

US Senator Sanders favors Trump plan to take stake in Intel, others

By Alexandra Alper WASHINGTON (Reuters) -Liberal U.S. Senator Bernie Sanders on Wednesday threw his support behind President ...

Intel’s stock surges on SoftBank investment and potential U.S. government stake. Here’s why the rally could crumble.

Intel’s stock rose 7% on Tuesday after SoftBank announced a stake in the chip maker, and as the U.S. government considers an ...

Intel gets $2 billion from SoftBank as White House mulls stake

SoftBank is investing $2 billion in Intel, even as the White House is considering taking a 10% stake in chipmaker per reports ...

Lutnick Confirms US Seeks Intel Stake, Says No Governance Rights

Commerce Secretary Howard Lutnick confirmed discussions between the US and Intel Corp. for the government to take a stake in ...

Bessent says the US wouldn't use a rumored stake in Intel 'to drum up business'

Treasury Secretary Scott Bessent said the White House wouldn't try to flex its power with a stake in Intel.

Intel (INTC) Stock Cools Off After Trump Stake, David Tepper Bet Fuel Rally

Intel shares are trading marginally lower Monday. The stock is digesting significant gains fueled by reports that the Trump ...

Intel in talks with large investors for equity boost at discount, CNBC reports

Intel is in talks with other large investors to receive an equity infusion at a discounted price, CNBC reported on Wednesday, just days after the chipmaker got a $2 billion capital injection from ...

Billionaire investor announces huge stake in Intel

The billionaire investor often called Japan's Warren Buffett is making a huge bet on a legendary US firm. Shares jumped eight ...