CHIPS Act

The stock trading activity of members of Congress continues to draw increased attention from retail traders and the public. One stock position that could see increased attention is Intel Corp (NASDAQ:INTC), which could soon count the U.S. government as a shareholder. Here's a look at the members of...

Intel Corporation (NASDAQ:INTC) shares have risen in recent days with reports that the U.S. government could be acquiring 10% of the company. Entrepreneur and "Shark Tank" investor Kevin O'Leary isn't a fan of the potential government stake. O'Leary on Intel Stake Perhaps best known for investing...

Embattled tech behemoth Intel Corp (NASDAQ:INTC) received not one but two lifelines. Earlier on Monday, Japanese investment behemoth SoftBank (OTC:SFTBF) (OTC:SFTBY) announced that it would acquire a $2 billion stake in the struggling chipmaker, purchasing shares at $23 each. The White House...

On Wednesday, SoftBank Group (OTC:SFTBF) (OTC:SFTBY) shares fell sharply in Tokyo as investors reacted to its $2 billion investment in Intel Corp (NASDAQ:INTC), with broader Asian technology stocks sliding in tandem after a U.S. market pullback led by Nvidia Corporation (NASDAQ:NVDA). SoftBank...

Chipmakers are likely to benefit from the ‘One Big Beautiful Bill Act’ passed by the Senate on Tuesday, as they will be eligible for an investment tax credit that can incentivize the semiconductor business. What Happened: According to the provisions of the tax cut bill proposed by...

Silicon carbide component manufacturer Wolfspeed Inc. (NYSE:WOLF) is preparing to file for prepackaged Chapter 11 bankruptcy protection in the coming weeks. What Happened: Facing mounting debt and failed out-of-court restructuring talks with key creditors, the company is reportedly...

President Donald Trump has set up a new body within the Commerce Department to manage the CHIPS and Science Act, 2022. What Happened: A new entity, the United States Investment Accelerator within the Commerce Department, will now oversee the CHIPS Act program, as established by an executive order...

The past week has been a rollercoaster ride for the financial world. From Warren Buffett’s stern warning about tariffs to President Trump’s call to end the CHIPS Act, the market has been grappling with a flurry of developments. Here’s a quick recap of the top stories that made...

President Donald Trump during his joint address to Congress on Tuesday evening called for ending the CHIPS Act, which provides manufacturing incentives to semiconductor companies setting up their facilities in the U.S. What Happened: During a primetime address to Congress on Tuesday, the president...

Intel Corp. (NASDAQ:INTC) may be facing a turning point as rumors suggest the U.S. government could intervene to push a joint venture between the struggling chipmaker and Taiwan Semiconductor Manufacturing Co. (NYSE:TSM). What Happened: According to Baird analyst Tristan Gerra, supply chain sources...

In a significant move to bolster the domestic semiconductor industry, the U.S. Commerce Department has approved a $406 million grant for Taiwan’s GlobalWafers. This funding is aimed at enhancing silicon wafer production within the United States. What Happened: The grant will facilitate...

The iShares Semiconductor ETF (NASDAQ:SOXX) had a rocky year. While semiconductors at large posted historic gains through 2024’s first half, they erased much of their gains in the late summer and fall. One industry analyst is optimistic about the industry’s prospects in 2025. The...

The White House announced on Tuesday that Nvidia, AMD rival Micron Technology Inc. (NASDAQ:MU) has received a substantial investment of over $6.1 billion. Following this, the stock jumped by 2.47% during pre-market hours. What Happened: The investment will support the construction of advanced...

SkyWater Technology, Inc. (NASDAQ:SKYT) shares are up on Friday following an announcement about securing up to $16 million in funding administered by the U.S. Department of Commerce. The proposed federal funding is part of the CHIPS Act, which President Joe Biden signed in 2022. It will support...

The U.S. government reportedly plans to reduce Intel Corp's (NASDAQ:INTC) $8.5 billion federal chips grant. What Happened: Intel, the largest beneficiary of CHIPS Act funding, is set to receive less than $8 billion, a reduction from the $8.5 billion initially announced earlier this year, reported...