Trump administration said to discuss taking 10% in Intel, Bloomberg News reports-February 2024-www.financetom.com

Trump administration said to discuss taking 10% in Intel, Bloomberg News reports

News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities

Trump administration said to discuss taking 10% in Intel, Bloomberg News reports

Aug 18, 2025 9:59 AM

Aug 18 (Reuters) - The Trump administration is said to

discuss taking a 10% stake in American chipmaker Intel ( INTC ),

Bloomberg News reported on Monday, citing a White House official

and other people familiar with the matter.

(Reporting by Zaheer Kachwala in Bengaluru)

Previous page： Google agrees $36 million fine for anti-competitive deals with Australia telcos Next page： Akebia Therapeutics Shares Fall After Reporting Q2 Results

Comments

Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.

Show More Comments

Related Articles >

Google agrees $36 million fine for anti-competitive deals with Australia telcos

Aug 17, 2025

SYDNEY, Aug 18 (Reuters) - Google agreed on Monday to pay a A$55 million ($35.8 million) fine in Australia after the consumer watchdog found it had hurt competition by paying the country's two largest telcos to pre-install its search application on Android phones, excluding rival search engines. The fine extends a bumpy period for the Alphabet-owned internet giant in Australia,...

Akebia Therapeutics Shares Fall After Reporting Q2 Results

Aug 7, 2025

10:00 AM EDT, 08/07/2025 (MT Newswires) -- Akebia Therapeutics ( AKBA ) shares were down more than 17% in early Thursday trading after the company reported breakeven Q2 net income, swinging from a loss of $0.04 per share a year earlier. Analysts polled by FactSet expected a loss of $0.02. Revenue for the quarter ended June 30 was $62.5 million,...

US startup Lyten to buy troubled European battery maker Northvolt

Aug 7, 2025

* Silicon Valley startup Lyten buys Northvolt for an undisclosed sum * Lyten CEO expects battery cell deliveries to resume in 2026 * Deal includes Northvolt's projects in Sweden and Germany By Marie Mannes STOCKHOLM, Aug 7 (Reuters) - U.S. battery startup Lyten has agreed to buy most of bankrupt Swedish battery maker Northvolt, it said on Thursday, potentially offering...

Paxos Trust reaches $48.5 million settlement with New York related to Binance

Aug 7, 2025

NEW YORK (Reuters) -Paxos Trust reached a $48.5 million settlement to resolve New York charges it failed to conduct sufficient due diligence of its former partner Binance, and had systemic failures in its anti-money laundering program, the state's financial services regulator said on Thursday. The settlement calls for Paxos to pay a $26.5 million fine and spend $22 million to...