On Friday’s broadcast of the Fox News Channel’s “Special Report,” Fox Business Network host Charles Payne discussed the government taking a 10% stake in Intel and said that because of how complex and powerful computer chips are, “we want to The post FBN’s Payne: Gov’t Intel Stake ‘Not Unlike’ Auto Bailouts, Chips Are Critical and So Complex We Want to Keep Tabs appeared first on Breitbart. Politics
Chipmaker Intel has agreed to give the US government a 10% stake in its business, the company and President Donald Trump announced Friday. Politics
On Friday’s broadcast of NewsNation’s “The Hill,” Rep. Ron Estes (R-KS) said that getting a 10% stake in Intel “is an interesting way” to get return on investment, and “I don’t want the federal government owning and controlling businesses. That’s The post GOP Rep. Estes: 10% Intel Stake Is ‘Interesting’, Don’t Want to Control Companies Like China Does appeared first on Breitbart. Politics
Markets bet on whether the United States will take a stake in Intel in 2025 Quiver Quantitative Politics
The president’s comments follow his calls for the resignation of Intel’s chief executive this month. Politics
Commerce Secretary Howard Lutnick said on Tuesday that Intel must provide the U.S. government with an equity stake in the company in return for receiving funds from the CHIPS Act. Lutnick's comments during a CNBC interview shed more light on how the Trump Administration may take an ownership position in Intel, saying, "We should get an equity stake for our money." The post Lutnick: Intel Will Give Government Equity Stake in Exchange for CHIPS Act Funds appeared first on Breitbart. Politics
