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US politics
fromFortune
1 month ago

Trump's Intel deal gambles with the perils of picking national champions

The U.S. government purchased a 9.9% stake in Intel for $8.9 billion, an unprecedented, unclear-directed investment resembling a sovereign-wealth-fund down payment.
US politics
fromBusiness Insider
1 month ago

Here are the risks involved with the US-Intel deal, according to the company

US 9.9% stake in Intel could dilute existing shareholders, reduce voting power, and hinder future funding and international business.
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US politics
fromwww.aljazeera.com
1 week ago

US takes a stake in another firm, this time a large lithium mine

U.S. Department of Energy will acquire a 5% stake in Lithium Americas and a 5% stake in Thacker Pass to strengthen domestic lithium supply.
fromwww.aljazeera.com
2 weeks ago

Lithium Americas' stock surges amid possible US government stake

The administration of United States President Donald Trump is considering as much as a 10 percent stake in Lithium Americas, a Canada-based lithium mining company. Reuters reported on Tuesday that the White House is considering taking a stake in the company, citing two people familiar with the matter. The possible investment comes as part of the $2.2bn loan from the US Department of Energy for the company's Thacker Pass mining project in northern Nevada, the largest planned project of its kind in the Western Hemisphere.
US politics
Artificial intelligence
fromwww.bbc.com
3 weeks ago

Chipmaker Nvidia to invest $5bn in rival Intel

Nvidia will acquire a roughly $5bn (≈4%) stake in Intel and partner on PC and data‑center chips to bolster Intel and diversify Nvidia's production.
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