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The US imposes stricter licensing requirements on Samsung, SK Hynix, and Intel, limiting their ability to manufacture semiconductors in China. This move is set to impact sales for US companies and ...
The president’s wheeling and dealing with the likes of Intel and Nvidia echoes the bad old days for stock investors.
Just days after President Donald Trump announced the US government had secured a 10% stake in Intel, the Santa Clara-based company revealed that it was cutting nearly 200 jobs in California, according ...
Dow Jones Top Company Headlines at 7 PM ET: Intel's CHIPS Act Requirements Waived After U.S. Government Takes Stake | Spirit ... The company no longer needs to meet certain project milestones or ...
President Trump’s forays into private business appear to be driven by money rather than an overarching plan to bolster ...
Intel said on Friday it amended the CHIPS Act funding deal with the U.S. Department of Commerce to remove earlier project milestones and received about $5.7 billion in cash sooner than planned.
Intel said earlier this week that the U.S. government would take an equity stake funded by the remaining $5.7 billion in grants previously awarded, but not yet paid, to Intel under the CHIPS Act.
During an investment conference Thursday, Intel CFO David Zinser also hinted that Intel might seek other external investments ...
The federal government’s revenue-sharing agreements with Nvidia and AMD, as well as its equity stakes in Intel, U.S. Steel, and MP Materials, threaten the very foundations that have made the U.S.
As far as the former and latter go, Zinsner confirmed that Intel has already received the $5.7 billion US dollars promised by ...
Mr Trump is pushing for more control over everything the federal government and its agencies do. Read more at straitstimes.com. Read more at straitstimes.com.
Learn why Intel views the U.S. government's new equity stake as potentially beneficial, despite concerns raised by some commentators about potential interference.