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Intel Secures $5.7 Billion U.S. Investment Deal as White House Finalizes Terms

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Intel Secures $5.7 Billion U.S. Investment Deal as White House Finalizes Terms
Business
Intel has confirmed receiving a $5.7 billion investment from the U.S. government, announced by CFO David Zinsner during an investor conference on Thursday. The funding, tied to the White House’s recent decision to take a 10% equity stake in the struggling chipmaker, comes as Intel explores additional outside investment opportunities for its semiconductor foundry division. […]
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ChatGPT Image Aug 8, 2025, 10_13_55 AM

Bitcoin Soars as Trump Greenlights Crypto Access in 401(k) Retirement Plans

Trump Reverses Course, Praises Intel CEO Lip-Bu Tan Days After Calling for His Resignation

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ChatGPT Image Aug 12, 2025, 03_40_16 PM
Entertainment
Just days after demanding the resignation of Intel’s chief executive, President Donald Trump has now lauded Lip-Bu Tan as a “success,” marking a dramatic shift in tone. On Monday, Trump revealed that he and his cabinet met with Tan, alongside Commerce Secretary Howard Lutnick and Treasury Secretary Scott Bessent. “The meeting was a very interesting […]
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ChatGPT Image Jul 21, 2025, 12_19_25 PM

How Huawei Rose from Telecom Player to China’s AI Powerhouse

Intel Tops Revenue Estimates but Slashes Chip Factory Plans as CEO Declares: “No More Blank Checks”

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ChatGPT Image Jul 25, 2025, 06_45_12 PM
Technology
Intel delivered better-than-expected revenue results in the second quarter, but its stock dipped 5% in after-hours trading as CEO Lip-Bu Tan revealed deep cuts to the company’s chip manufacturing investments. The semiconductor giant reported $12.86 billion in revenue, surpassing the forecast of $11.92 billion. Adjusted earnings showed a loss of 10 cents per share. For […]
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ChatGPT Image Jul 3, 2025, 06_09_09 PM

Microsoft Cuts 9,000 Jobs in Major Restructuring Push to Stay Agile

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