Intel Archives - Bharat Pulse News

US Converts Grants for 9.9% Intel Stake

By BPN News Desk August 23, 2025

Business

President Donald Trump confirmed that the U.S. government has acquired a 9.9% equity stake in Intel. The move comes after federal grants allocated under the CHIPS and Secure Enclave programs were converted into ownership shares. The government will pay about $8.9 billion for 433.3 million

Official White House photo by Shealah Craighead

Business

Trump Demands Intel CEO Resign Amid China Ties Controversy

By BPN News Desk August 8, 2025

U.S. President Donald Trump has publicly called for Lips-Bu Tan, the newly appointed CEO of Intel, to resign immediately, citing serious concerns over Tan’s financial investments in Chinese technology firms, including some linked to the Chinese military. Trump described him as “highly conflicted” in a post on his social media platform. Why This Matters Tan […]

Business

Intel to Lay Off 4,000 Workers in July Restructuring

By BPN News Desk July 13, 2025

Leading chipmaker Intel is set to lay off approximately 4,000 employees across the United States, with around 2,400 jobs being cut in Oregon alone. The layoffs are part of a major restructuring effort aimed at reducing costs and improving operational efficiency. Oregon Hit Hardest by Cuts The majority of the job losses are concentrated at […]