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US government is reportedly in discussions to take stake in Intel

techcrunch.com Rebecca Szkutak 2025-11-20 23:38:20

In Brief The Trump administration continues to meddle with semiconductor giant Intel. The U.S. government is reportedly in discussions to take a stake in Intel, according to reporting from Bloomberg. This deal would be structured to help the company expand its U.S. manufacturing efforts, including its much-delayed Ohio chip factory. This news comes less than a week after President Donald Trump insisted that Intel CEO Lip-Bu Tan resign because of perceived conflicts of interest. While Trump di

Topics: administration government intel tan trump

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Intel stock climbs 7% on report Trump administration is considering stake in chipmaker

cnbc.com Kif Leswing 2025-11-21 05:12:15

Lip-Bu Tan, chief executive officer of Intel Corp., departs following a meeting at the White House in Washington, DC, US, on Monday, Aug. 11, 2025. Intel shares rose 7% on Thursday after Bloomberg reported that the Trump administration is in talks with the chipmaker to have the U.S. government take a stake in the struggling company. Intel is the only U.S. company with the capability to manufacture the fastest chips on U.S. shores, although rivals including Taiwan Semiconductor Manufacturing Co

Topics: chipmaker government intel tan trump

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US government reportedly in talks to take stake in Intel, stock surges

9to5mac.com Marcus Mendes 2025-11-21 05:34:40

Intel’s stock spiked late in trading today after reports that the Trump administration is in talks to take a stake in the company. The news follows Trump’s recent call for the ouster of CEO Lip-Bu Tan and a subsequent meeting between the two. Following deals with Nvidia and AMD, Trump now eyes Intel As reported by Bloomberg, the Trump administration is in discussions to take a stake in Intel, in a bid to “help shore up Intel’s planned factory hub in Ohio,” which was once billed as the future l

Topics: deal intel stake tan trump

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Crypto Prices Plunge After Shock Inflation Report

gizmodo.com Matt Novak 2025-11-21 05:45:14

The biggest cryptocurrencies in the world dipped sharply Thursday after the latest inflation data showed wholesale prices are rising much faster than expected. The price of Bitcoin is down 3.8% on the day ($117,900), Ethereum is down 4% ($4,535), and Ripple is down 6.1% ($3.07) according to CoinMarketCap. Crypto prices are responding to the Producer Price Index (PPI) for July, which measures the average change in prices from U.S. manufacturers and service providers. It rose by 0.9%, according t

Topics: inflation just prices thursday trump

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Starlink tries to block Virginia’s plan to bring fiber Internet to residents

arstechnica.com Unknown 2025-11-21 05:32:02

Starlink operator SpaceX is fighting Virginia's plan to deploy fiber Internet service to residents, claiming that federal grant money should be given to Starlink instead. SpaceX is already in line to win over $3 million in grant money in the state but is seeking $60 million. Starlink is poised to benefit from the Trump administration rewriting rules for the $42 billion Broadband Equity, Access, and Deployment (BEAD) grant program. While the Biden administration decided that states should priori

Topics: administration spacex starlink trump virginia

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U.S. government is reportedly in discussions to take stake in Intel

techcrunch.com Rebecca Szkutak 2025-11-21 05:38:20

In Brief The Trump administration continues to meddle with semiconductor giant Intel. The U.S. government is reportedly in discussions to take a a stake in Intel, according to reporting from Bloomberg. This deal would be structured to help the company expand its U.S. manufacturing efforts, including its much-delayed Ohio chip factory. This news comes less than a week after President Donald Trump insisted that Intel CEO Lip-Bu Tan resign because of perceived conflicts of interest. While Trump

Topics: administration government intel tan trump

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Intel stock climbs 7% on report Trump administration is considering stake

cnbc.com Kif Leswing 2025-11-21 10:57:25

Lip-Bu Tan, chief executive officer of Intel Corp., departs following a meeting at the White House in Washington, DC, US, on Monday, Aug. 11, 2025. Intel stock rose 7% in trading on Thursday after Bloomberg reported that the Trump administration is in talks with the chipmaker to have the U.S. government take a stake in the embattled company. Intel is the only U.S. company with the capability to manufacture the fastest chips on U.S. shores, although rivals including TSMC and Samsung also have U

Topics: chips intel said tan trump

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Taylor Swift Nearly Doubles Trump’s Podcast Ratings

gizmodo.com Bruce Gil 2025-11-21 10:05:16

Taylor Swift appeared last night on her boyfriend, Kansas City Chiefs tight end Travis Kelce’s, podcast to promote her upcoming 12th studio album, “The Life of a Show Girl,” and a lot of people tuned in. The premiere live stream of the two-hour New Heights podcast drew up to 1.3 million viewers in its first hour, Variety reported. That’s nearly double the 800,000 viewers who tuned in to watch Donald Trump’s appearance on The Joe Rogan Experience during its first hour last October, according to

Topics: episode night podcast swift trump

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Senators Press Howard Lutnick’s Former Investment Firm Over Tariff Conflict of Interest Concerns

wired.com Louise Matsakis 2025-11-22 15:30:00

Last month, WIRED reported that the investment banking arm of Cantor Fitzgerald, a financial services company led by the sons of US commerce secretary Howard Lutnick, was exploring creating a financial product for clients to bet on whether President Donald Trump’s signature tariffs would be struck down in court. In response to WIRED’s reporting, Democratic senators Ron Wyden and Elizabeth Warren sent a letter to Cantor Fitzgerald chairman Brandon Lutnick on Wednesday demanding more information

Topics: cantor fitzgerald lutnick tariffs trump

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Trump orders cull of regulations governing commercial rocket launches

arstechnica.com Unknown 2025-11-23 05:45:35

President Donald Trump signed an executive order Wednesday directing government agencies to "eliminate or expedite" environmental reviews for commercial launch and reentry licenses. The Federal Aviation Administration (FAA), part of the Department of Transportation (DOT), grants licenses for commercial launch and reentry operations. The FAA is charged with ensuring launch and reentries don't endanger the public, comply with environmental laws, and comport with US national interests. The drive

Topics: commercial environmental faa launch trump

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‘Are You Surprised?’: Trump Shrugs Off New Suspected Hack of Documents by Russia

gizmodo.com Matt Novak 2025-11-24 15:52:23

President Donald Trump was asked on Wednesday about the recent hack of a computer system that holds highly sensitive federal court documents. Russia is suspected to be behind the attack, as the New York Times first reported on Tuesday. But Trump doesn’t seem to think it was a big deal, even as the president prepares to meet with Russia’s President Vladimir Putin. Trump was asked by a reporter if he would bring up the hack when he meets Putin in Alaska on Friday. “I guess I could,” Trump replied

Topics: hack president putin russia trump

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Why Trump’s “golden dome” missile defense idea is another ripped straight from the movies

technologyreview.com Becky Ferreira 2025-11-25 06:00:00

In January 2024, Donald Trump revived the space-shield dream at a primary campaign rally in Laconia, New Hampshire, using the Star Wars nickname that Reagan hated. It didn’t work in the 1980s, Trump said, because the technology wasn’t there. But times have changed. Whether in Golden Age Hollywood or Trump’s impromptu dramatizations, the dream of a missile shield is animated by its sheer cinematic allure. “I’ve seen so many things. I’ve seen shots that you wouldn’t even believe,” Trump said. He

Topics: dome golden missile shield trump

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The Trump Family’s Crypto Empire Is Expanding—Fast

gizmodo.com Luc Olinga 2025-11-25 10:31:43

The Trump family’s crypto empire is making another major move on Wall Street. World Liberty Financial, the crypto firm founded by the Trump family last September, has struck a massive deal that will see a publicly traded fintech company, ALT5 Sigma, purchase up to $1.5 billion of the family’s proprietary cryptocurrency, $WLFI. The deal is a landmark event that further intertwines the Trump family’s private business ventures with President Donald Trump’s increasingly pro-crypto government polic

Topics: company crypto family token trump

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The number of ICE flights is skyrocketing – but the planes are harder to track

news.ycombinator.com Rene Marsh 2025-11-25 15:52:15

Federal agencies Aviation news Immigration Donald Trump See all topics Follow Richmond, Virginia — Amid the hubbub of passengers and planes shuttling in and out of the international airport in Richmond, Virginia, each week there’s also a steady stream of flights bearing men and women in handcuffs. Last week, CNN was there to see some of these passengers — detainees in the custody of Immigration and Customs Enforcement — being unloaded from unmarked white vans, lined up under the wing of a Boe

Topics: air detainees flights ice trump

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It Might Already Be Too Late to Save NASA

futurism.com Unknown 2025-11-26 23:47:19

One of president Donald Trump's long-held desires has been to replace NASA with private spaceflight enterprises. With cronies in charge at the agency to execute draconian budget cuts to that end, it looks like the president is about to get his wish. As Aviation Week reports, the agency is gearing up to be gutted as its leadership prepares to enact the Trump administration's outrageous budget reductions, which include thousands of layoffs and nearly 50 percent lobbed off its science budget, whic

Topics: agency budget nasa science trump

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Exile Economics: If Globalisation Fails

news.ycombinator.com Ferdinand Mount 2025-11-27 00:26:00

Donald Trump likes to tell us that ‘tariff’ is ‘the most beautiful word in the dictionary’. He does not remind us that the word comes from the Arabic ta’rif, or that such duties were first applied by medieval sheikhs and sultans in some of the places he has designated as ‘shithole countries’. They were not really things of beauty either, being modest tolls to raise a little revenue, not intended to keep out foreign stuff, and were seldom charged at more than 5 per cent. It was the same in ancie

Topics: american tariffs trade trump world

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White House says it's working out legality of Nvidia and AMD China chip deals

cnbc.com Kif Leswing 2025-11-27 05:33:09

U.S. President Donald Trump (L) invites Nvidia CEO Jensen Huang to speak in the Cross Hall of the White House during an event on "Investing in America" on April 30, 2025 in Washington, DC. The Trump administration is still working out the details of its 15% export tax on Nvidia and AMD and could bring deals of this kind to more companies, the White House's Karoline Leavitt said Tuesday. "Right now it stands with these two companies. Perhaps it could expand in the future to other companies," sa

Topics: export government nvidia said trump

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Trump Family–Backed World Liberty Financial Sets Up $1.5 Billion Crypto Treasury

wired.com Joel Khalili 2025-11-27 05:30:09

World Liberty Financial, the cryptocurrency business cofounded by the Trump family, is creating a way for investors to speculate on the price of its self-branded coin, WLFI, through the US stock market. A cohort of investors led by World Liberty Financial is set to purchase 200 million shares in ALT5 Sigma Corporation, a Nasdaq-listed company. The proceeds will be used to build a $1.5 billion WLFI treasury, equating to roughly 7.5 percent of the coin’s total supply. Eric Trump will join the AL

Topics: financial liberty trump wlfi world

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Trump says he's open to letting Nvidia sell a downgraded version of its most advanced chip to China

cnbc.com Arjun Kharpal 2025-11-28 18:39:25

Nvidia CEO Jensen Huang, right, speaks alongside President Donald Trump about investing in America, at the White House in Washington, on April 30, 2025. U.S. President Donald Trump has signaled that he'd be open to allowing Nvidia to sell a downgraded version of its most advanced artificial intelligence chip to China. Speaking at a press conference on Monday, Trump said that he could make a deal with Nvidia if it could reduce the performance of its Blackwell system. "It's possible I'd make a

Topics: blackwell china huang said trump

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Intel CEO turns Trump around, but his job still hangs in the balance

9to5mac.com Marcus Mendes 2025-11-28 17:27:57

Last week, President Trump called for the dismissal of Intel CEO Lip-Bu Tan over “highly CONFLICTED” ties to China, further escalating an already difficult situation for the executive. Today, following a meeting, Trump appeared to soften his stance, even if partially. A quick recap Before joining Intel, Tan worked as CEO for Cadence Design Systems, a firm that just pleaded guilty to an investigation by the Justice Department over charges of “selling its chip-design products to a Chinese milit

Topics: ceo intel meeting tan trump

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Trump flip-flops on Intel CEO, calls him 'success' days after demanding resignation

cnbc.com Jordan Novet 2025-11-29 10:41:23

President Donald Trump said Monday that he and members of his cabinet met with Intel CEO Lip-Bu Tan, days after he called on the head of the chipmaker to resign. Intel shares rose 2% in extended trading. "I met with Mr. Lip-Bu Tan, of Intel, along with Secretary of Commerce, Howard Lutnick, and Secretary of the Treasury, Scott Bessent," Trump wrote in a post on Truth Social. "The meeting was a very interesting one. His success and rise is an amazing story. Mr. Tan and my Cabinet members are goi

Topics: ceo intel said tan trump

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Washington, DC police put under federal control, National Guard deployed

news.ycombinator.com Kevin Breuninger 2025-11-30 00:13:51

President Donald Trump on Monday placed the Washington, D.C., police department under federal control and deployed 800 National Guard troops in the capital city to address what he claimed was out-of-control crime there. It is the first time that a president has federalized the Metropolitan Police Department. Trump's move drew fierce condemnation from local officials, who noted that official statistics show crime in D.C. is on the decline. "I'm announcing a historic action to rescue our nation'

Topics: control crime district said trump

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Trump says he asked for 20% cut from Nvidia, calls H20 an 'obsolete' chip

cnbc.com Kif Leswing 2025-11-30 05:11:46

U.S. President Donald Trump (L) listens as Nvidia CEO Jensen Huang speaks in the Cross Hall of the White House during an event on "Investing in America" on April 30, 2025 in Washington, DC. President Donald Trump on Monday said that he initially asked Nvidia for a 20% cut of the chipmaker's sales to China, but the number came down to 15% after CEO Jensen Huang negotiated with him. The comments came after news broke over the weekend that Nvidia agreed to pay the federal government a 15% cut in

Topics: china chip nvidia said trump

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Paramount buys UFC rights for $7.7 billion, ending PPV events

engadget.com Unknown 2025-11-30 10:15:12

Paramount just acquired the US rights to UFC for seven years in a deal worth $7.7 billion dollars, according to reporting by NBC News . This contract begins in 2026 and covers the organization's full slate of 13 marquee bouts and 30 Fight Night events per year. All matches and events will stream in the US on Paramount+ and select fights will simulcast on CBS. This ends the pay-per-view (PPV) model that ESPN+ has favored for premium UFC events. "What’s on pay-per-view anymore? Boxing? Movies on

Topics: billion matches paramount trump ufc

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Trump strikes “wild” deal making US firms pay 15% tax on China chip sales

arstechnica.com Unknown 2025-11-30 10:31:51

Ahead of an August 12 deadline for a US-China trade deal, Donald Trump's tactics continue to confuse those trying to assess the country's national security priorities regarding its biggest geopolitical rival. For months, Trump has kicked the can down the road regarding a TikTok ban, allowing the app to continue operating despite supposedly urgent national security concerns that China may be using the app to spy on Americans. And now, in the latest baffling move, a US official announced Monday t

Topics: china deal national security trump

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FDA Rehires Controversial Biologics Chief Just Days After Trump Fired Him

gizmodo.com Ed Cara 2025-11-30 15:55:20

The circus was performing at the Food and Drug Administration this weekend, apparently. The FDA has hired Vinay Prasad to oversee the Center for Biologics Evaluation and Research—less than two weeks after he left that same role. Endpoints News was the first to report on Prasad’s rehiring on Saturday. He was initially reportedly fired by President Donald Trump himself, following growing pressure from Laura Loomer and other conservative voices who criticized him over the agency’s regulation of a

Topics: fda health left prasad trump

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US demands cut of Nvidia sales in order to ship AI chips to China

theverge.com Emma Roth 2025-11-30 20:54:48

is a news writer who covers the streaming wars, consumer tech, crypto, social media, and much more. Previously, she was a writer and editor at MUO. Posts from this author will be added to your daily email digest and your homepage feed. The Trump administration has ordered Nvidia and AMD to pay the federal government a 15 percent cut of their AI chip sales revenue to China, according to reports from The New York Times and The Financial Times. Nvidia CEO Jensen Huang reportedly reached an agreem

Topics: ai china chip nvidia trump

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Nvidia and AMD to pay 15% of China chip sales to US

feeds.bbci.co.uk Unknown 2025-12-01 17:01:59

Nvidia and AMD to pay 15% of China chip sales to US Nvidia told the BBC: "We follow rules the US government sets for our participation in worldwide markets." Security experts, including some who served during President Donald Trump's first term, recently wrote to the administration expressing "deep concern" that Nvidia's H20 chip was "a potent accelerator" of China's AI capabilities. The US had previously banned the sale of powerful chips used in areas like artificial intelligence (AI) to Chi

Topics: china chip nvidia said trump

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Nvidia and AMD to pay 15% of China chip sales revenues to the U.S. government, FT reports

cnbc.com Erin Doherty 2025-12-01 12:20:44

A smartphone with a displayed AMD logo is placed on a computer motherboard in this illustration taken March 6, 2023. Nvidia and Advanced Micro Devices have agreed to give the U.S. government a share of revenues from certain chips sold in China, the Financial Times reported, in an unprecedented arrangement with the White House. In exchange for 15% of revenues from the chip sales, the two chipmakers will receive export licenses to sell Nvidia's H20 and AMD's MI308 chips in China, according to th

Topics: chips financial nvidia times trump

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Intel CEO Lip-Bu Tan responds to Trump comments that he should resign

engadget.com Unknown 2025-11-28 15:30:08

Intel CEO Lip-Bu Tan has responded after Donald Trump accused him of being "highly conflicted" and said he should resign, according to The Financial Times. "There has been a lot of misinformation circulating about my past roles," Tan said in a letter to Intel staff. "I wanted to be absolutely clear... I have always operated within the highest legal and ethical standards." Tan said that Intel was engaging with the White House "to address the matters that have been raised and ensure they have the

Topics: intel letter said tan trump

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Latest Tech News

US government is reportedly in discussions to take stake in Intel

Intel stock climbs 7% on report Trump administration is considering stake in chipmaker

US government reportedly in talks to take stake in Intel, stock surges

Crypto Prices Plunge After Shock Inflation Report

Starlink tries to block Virginia’s plan to bring fiber Internet to residents

U.S. government is reportedly in discussions to take stake in Intel

Intel stock climbs 7% on report Trump administration is considering stake

Taylor Swift Nearly Doubles Trump’s Podcast Ratings

Senators Press Howard Lutnick’s Former Investment Firm Over Tariff Conflict of Interest Concerns

Trump orders cull of regulations governing commercial rocket launches

‘Are You Surprised?’: Trump Shrugs Off New Suspected Hack of Documents by Russia

Why Trump’s “golden dome” missile defense idea is another ripped straight from the movies

The Trump Family’s Crypto Empire Is Expanding—Fast

The number of ICE flights is skyrocketing – but the planes are harder to track

It Might Already Be Too Late to Save NASA

Exile Economics: If Globalisation Fails

White House says it's working out legality of Nvidia and AMD China chip deals

Trump Family–Backed World Liberty Financial Sets Up $1.5 Billion Crypto Treasury

Trump says he's open to letting Nvidia sell a downgraded version of its most advanced chip to China

Intel CEO turns Trump around, but his job still hangs in the balance

Trump flip-flops on Intel CEO, calls him 'success' days after demanding resignation

Washington, DC police put under federal control, National Guard deployed

Trump says he asked for 20% cut from Nvidia, calls H20 an 'obsolete' chip

Paramount buys UFC rights for $7.7 billion, ending PPV events

Trump strikes “wild” deal making US firms pay 15% tax on China chip sales

FDA Rehires Controversial Biologics Chief Just Days After Trump Fired Him

US demands cut of Nvidia sales in order to ship AI chips to China

Nvidia and AMD to pay 15% of China chip sales to US

Nvidia and AMD to pay 15% of China chip sales revenues to the U.S. government, FT reports

Intel CEO Lip-Bu Tan responds to Trump comments that he should resign

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