For the best experience use Mini app app on your smartphone
Commerce Secretary Howard Lutnick confirmed talks to acquire a 10% stake in Intel, noting the Trump administration could pursue similar selective deals under the CHIPS Act. However, firms like TSMC and Micron expanding US plants may be spared. The move follows equity stakes in MP Materials and profit-sharing demands on Nvidia and AMD, raising tensions with chipmakers.
short by / 09:19 am on 22 Aug
For the best experience use inshorts app on your smartphone