Reported 1 day ago
Shares of Intel surged over 7% following a report that the Trump administration is contemplating taking a stake in the beleaguered chipmaker. The government could assist Intel's plans to expand its chip complex in Ohio, which has faced delays, and the investment could potentially grow from an initial $20 billion to $100 billion. Despite challenges, including fierce competition in the chip industry and ongoing delays in production, Intel remains committed to advancing American technology and manufacturing.
Source: YAHOO