Intel shares soar amid reports of US government stake interest
TL;DR Summary
Shares of Intel surged over 7% following reports that the US government is in talks to take a stake in the company to support its plans for a major chip manufacturing hub in Ohio, potentially providing funding and strategic influence amid Intel's recent struggles in the AI race and global competition.
- Intel shares jump after report of possible US stake in company BBC
- Intel stock climbs 7% on report Trump administration is considering stake in chipmaker CNBC
- Intel shares rise on possible US government investment Financial Times
- Intel stock surges on report Trump administration mulls taking stake in company Yahoo Finance
- Trump weighs taking stake in Intel, Bloomberg News reports Reuters
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