Catenaa, Wednesday, August 27, 2025- A US stake in chipmaker Nvidia is “not on the table,” Treasury Secretary Scott Bessent said on Wednesday, as the Trump administration looks for stakes in various industries. “I don’t think Nvidia needs financial support, so that seems not on the table right now,” he said in an interview on […]

Catenaa, Monday, September 15, 2025- Intel said on Monday it has lowered its full-year 2025 adjusted operating expense target to $16.8 billion, from $17 billion earlier, to reflect the deconsolidation of its programmable chip business, Altera. The struggling chipmaker agreed in April to sell a 51% stake in Altera to private equity firm Silver Lake, […]

Catenaa, Monday, August 25, 2025- Intel said on Monday that the 10% stake by the US government in the chipmaker could pose risks to its business, harming international sales and limiting its ability to secure government grants. The company laid out the new “risk factors” in a securities filing after the government decided to convert […]

Catenaa, Tuesday, August 26, 2025- US Commerce Secretary Howard Lutnick implied that the government is looking at the defense sector and other industries for potential stakes in companies after a 10% stake deal with Intel. “Oh, there’s a monstrous discussion about defense,” Lutnick said Tuesday on CNBC when pressed on whether the administration was considering […]

Catenaa, Friday, August 15, 2025- The US government is considering taking a stake in Intel, helping the struggling chipmaker make a turnaround through infrastructure investment. According to Bloomberg, the plan could involve the government helping Intel expand its planned chip complex in Ohio, which the company has had to delay as part of its ongoing […]