The White House is exploring a deal for the US government to acquire a 10% stake in chip giant Intel. This move could enhance national security and bolster the struggling semiconductor industry amid rising competition from global rivals.
In a surprising move, the Trump administration is exploring the possibility of using US Chips Act funds to invest in Intel Corp. This potential funding aims to bolster domestic semiconductor manufacturing amid ongoing challenges faced by the chipmaker.
With leading customers like Nvidia and Apple needing a second source for semiconductor manufacturing, can they invest in Intel to secure their supply chains? Intel's future may depend on it!
Venture capitalists are changing their approach by acquiring mature businesses and optimizing them with AI, aiming to streamline operations and enhance customer service. This new strategy could reshape the landscape for AI startups seeking access to established clients.
As President Trump embarks on a Gulf tour, Saudi Arabia reveals its ambitious plans to become a global AI leader with the launch of Humain, a groundbreaking AI company backed by Nvidia.
