Tag Archives: semiconductor chips

President Donald Trump announced Friday that the U.S. government has acquired a 10% stake in Intel, making the nation one of the chipmaker’s largest shareholders as the company undergoes sweeping layoffs and tries to regain its footing in the global semiconductor race. The deal, finalized through the conversion of $11.1 …

President Donald Trump on Wednesday unveiled plans to impose a sweeping 100% tariff on imported semiconductors, a move he said is intended to accelerate U.S. efforts to dominate the global microchip industry and reduce reliance on foreign suppliers. Speaking from the Oval Office alongside Apple CEO Tim Cook, Trump said …