US government is taking a nearly 10% stake in Intel
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Days after calling for Intel CEO Lip-Bu Tan to step down, President Donald Trump announced that the U.S. government will buy a 9.9% stake in the struggling chipmaker. The $8.9 billion purchase will be made under a new deal that turns federal grants into equity,
While Grove's focused boldness worked, Tan's way forward must be more nuanced, balancing boldness with humility while resisting the urge to “fix” everything at once.
Intel CEO Lip-Bu Tan defended his integrity and vowed to continue leading the semiconductor company through a "critical moment."
The following are some key investments and their connections to Chinese state entities Lip-Bu Tan has made through Walden International.
Intel ( INTC) stock jumped more than 4% ahead of CEO Lip-Bu Tan’s reported visit to the White House after President Trump called for his resignation.
Following a recent meeting at the White House, President Donald Trump seems to have completely changed his stance on Intel CEO Lip-Bu Tan.
Intel Corporation's White House meeting could yield a defense-focused deal. Click here to find out why I rate INTC stock a Buy.
Intel CEO Lip-Bu Tan's remarkable success story, highlighted by President Trump, has contributed to his billionaire status.
Now that Lip-Bu Tan has regained President Donald Trump's support, should investors turn bullish on Intel stock?
Under fire Intel Corp. Chief Executive Lip-Bu Tan is due to meet his fiercest new critic, U.S. President Donald Trump, at the White House today to discuss calls for his resignation over alleged “conflicts of interest” resulting from his ties to Chinese businesses.