Intel, White House
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1don MSN
The Trump administration confirms it’s seeking a stake in Intel. Why? It depends who you ask
Treasury Secretary Scott Bessent and Commerce Secretary Howard Lutnick confirmed on Tuesday that the US government is considering an extraordinary investment in struggling chipmaker Intel. But they gave different answers about what the Trump administration sought to do with that stake.
An Intel deal would be one of the largest government interventions in private industry since the U.S. auto industry's bailout under President Obama.
10don MSN
Intel CEO to visit White House after Trump called for his ouster over alleged China ties: report
Intel CEO Lip-Bu Tan is scheduled to visit the White House on Monday following President Donald Trump’s call last week for his ouster over ties to China, according to a new report.
Treasury Secretary Scott Bessent said the White House wouldn't try to flex its power with a stake in Intel.