Intel, the once-dominant US company, has been left trailing in the fast-growing AI chip market. Nvidia has tabled a $5 billion investment in struggling rival Intel, a move that could reshape the balance of power in the global chip market. The deal, still subject to regulatory approval, comes as Intel battles declining market share and…
Dado Ruvic/Reuters Nvidia has announced it will invest US$5-billion in Intel, throwing its heft behind the struggling US chip company weeks after the White House engineered a deal for the US government to take a massive stake in the company. Nvidia’s support represents a new opening for Intel after years of turnaround efforts at the…
Nvidia said it will invest $5 billion in Intel as part of a deal to co-develop data center and PC chips with the troubled chipmaker, which took on the U.S. government as an investor last month. Nvidia is investing its stake at a price of $23.28 a share, a release from the company said. Intel…
U.S. taxpayers are now the largest shareholders in Intel. What comes next isn’t so clear. The Trump administration announced on Friday that the government had taken a 10% stake in the California-based computer chipmaker, which has fallen behind rivals Nvidia and AMD in the artificial intelligence race. Over the past five years, Intel’s share price…
Intel’s CEO Lip-Bu Tan speaks at the company’s Annual Manufacturing Technology Conference in San Jose, California, U.S. April 29, 2025. Laure Andrillon | Reuters Intel on Monday warned of “adverse reactions” from investors, employees and others to the Trump administration taking a 10% stake in the company, in a filing citing risks involved with the…
Dado Ruvic/Reuters US President Donald Trump is injecting nearly US$9-billion into Intel in exchange for a 9.9% equity stake. But the money — which the struggling chip maker was slated to receive anyway under a federal funding act — will not be enough for its contract chip-making business to flourish, analysts said. What Intel needs…
US President Donald Trump. Image US President Donald Trump said on Friday that the US would take a 10% stake in Intel under a deal with the struggling chip maker that converts government grants into an equity share, the latest extraordinary intervention by the White House in corporate America. The deal puts Trump on better…
Intel CEO Lip-Bu Tan. Japanese-based multinational conglomerate SoftBank and US-based chipmaker Intel have signed a definitive securities purchase agreement, under which SoftBank will make a $2 billion investment in Intel common stock. In a joint statement, the organisations say the investment comes as they deepen their commitment to investing in advanced technology and semiconductor innovation…
Intel CEO Lip-Bu Tan. Laure Andrillon/Reuters The Trump administration is in talks with Intel to have the US government potentially take a stake in the struggling chip maker, Bloomberg News reported on Thursday, citing people familiar with the plan. Such a move would mark another intervention by US President Donald Trump in industries seen as…
US President Donald Trump Intel CEO Lip-Bu Tan is already facing an uphill battle in turning around the ailing chip maker. Now US President Donald Trump’s demand that Tan resign over his ties to Chinese firms will only distract him from that task, two investors and a former senior employee said. Trump said on Thursday…
