While Intel says the government is making an “$8.9 billion investment in Intel common stock,” the administration does not appear to be committing new funds.
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Biotech & Health
Such federal government ownership of a major corporation would mark a dramatic departure from long-standing U.S. policy.
This deal would be meant to help Intel bulk up its U.S. chip manufacturing, including its much-delayed Ohio factory.
The deal allows the U.S. to take more equity in Intel if the company doesn't retain at least 51% ownership in its foundry…
Intel will remain an anchor investor in the stand-alone company, which produced $5.8 billion in revenue in 2024.
From phone spyware and facial recognition to forensic phone hacking technology to databases and more, this tech powers Trump's…
News of a backlog at the U.S. federal department comes less than a week after national security experts urged the Trump…
