News Snapshot:
Live Events US Govt-Intel strike a deal (You can now subscribe to our (You can now subscribe to our Economic Times WhatsApp channel US Secretary of Commerce Howard Lutnick Friday said that the federal government will take a 10% stake in US chipmaker Intel. "This historic agreement strengthens US leadership in semiconductors, which will both grow our economy and help secure America's technological edge," Lutnick wrote on X in a post accompanied by a photo of himself with Intel CEO Lip-Bu Tan President Donald Trump revealed the deal earlier on Friday during remarks in the Oval Office, calling it a...