SoftBank is investing $2 billion in Intel
Digest more
Trump Administration Mulls 10% Stake in Intel
Digest more
Intel shares fell 3.7% on Monday, after reports that Trump administration officials are talking about taking a 10% stake in the chip maker. The move would be part of a government effort to save the embattled company and boost semiconductor manufacturing in the U.
While Grove's focused boldness worked, Tan's way forward must be more nuanced, balancing boldness with humility while resisting the urge to “fix” everything at once.
The White House is considering taking a 10% stake in chipmaker Intel per reports as talks with the company and Trump's team advance.
Rumors about the federal government buying a stake in chipmaker Intel reignited Monday with a report the government is evaluating taking a 10% stake in the company.
The latest developments in the ongoing soap opera that is Intel sees the federal government considering purchasing a stake in the company in a bid to speed up completion of its delayed advanced fabrication facilities, while yet another executive is casting aspersions on CEO Lip-Bu Tan.