Intel’s Government Gambit: Strategic Move or Desperate Play?
Intel’s CEO claims the US government’s 10% stake mirrors how Taiwan supports TSMC. But can this controversial move actually help Intel compete in the global chip race?
Intel’s CEO claims the US government’s 10% stake mirrors how Taiwan supports TSMC. But can this controversial move actually help Intel compete in the global chip race?
The long-running TikTok saga could reach its conclusion this week as US and Chinese leaders prepare to finalize a deal transferring control to American investors. The agreement would preserve TikTok’s operations while addressing national security concerns.
The U.S. and Brazil have agreed to immediate negotiations to resolve escalating trade tensions after President Trump imposed 50% tariffs on most Brazilian imports. The breakthrough meeting between Trump and Lula da Silva could signal a broader realignment of global trade relationships as both nation
Intel has reportedly swung to a $4.1 billion quarterly profit following significant U.S. government investment and aggressive cost-cutting measures. The chipmaker’s recovery comes as it battles to regain market share lost to competitors in mobile and AI sectors.
Intel appears to be staging a financial comeback, with reports indicating the semiconductor giant posted a substantial $4.1 billion profit last quarter. That represents a dramatic reversal from the staggering $17 billion loss the company reportedly suffered during the same period last year. According to financial analysts, revenue climbed modestly to $13.7 billion—a 3% year-over-year increase that suggests the company’s aggressive restructuring may be starting to yield results.
Corporate earnings are significantly exceeding expectations this quarter, with 82% of reporting S&P 500 companies topping revenue forecasts. The strong performance comes as markets rally to record highs ahead of a pivotal week featuring earnings from tech giants and an anticipated Federal Reserve rate cut.
Corporate America is delivering surprisingly robust quarterly results, according to recent market analysis. Nearly one-third of S&P 500 companies have reported earnings so far, and the beat rates are notably higher than historical averages. Sources indicate roughly 82% of these firms have exceeded revenue expectations, while approximately 87% have topped profit estimates.
The Trump administration has triggered fresh global trade uncertainty by initiating an investigation that could lead to additional tariffs on Chinese imports. Meanwhile, trade talks with Canada remain frozen following presidential anger over a television advertisement, creating dual fronts in ongoing trade disputes just days before crucial summit meetings in Asia.
Global trade markets are bracing for another round of uncertainty as the Trump administration reportedly opened a new investigation into China’s trade practices while simultaneously freezing negotiations with Canada. According to multiple sources, these developments create a volatile backdrop for upcoming summit meetings across Asia where trade relationships will be central to discussions.
President Donald Trump has appointed Republican commissioner Laura Swett as the new chairman of the Federal Energy Regulatory Commission. The leadership change comes as the U.S. faces record electricity demand driven by artificial intelligence, electrification, and industrial growth.
President Donald Trump has selected Republican Laura Swett to lead the Federal Energy Regulatory Commission, according to the agency’s Friday announcement. Swett takes the helm at what industry observers describe as a pivotal moment for America’s energy landscape, with electricity demand climbing at unprecedented rates.
Apple has reportedly started building and shipping artificial intelligence servers from its new Houston manufacturing facility, moving ahead of its original 2026 schedule. The development signals the company’s alignment with the Trump administration’s push to bring technology manufacturing back to American soil, according to exclusive reports from Fox Business.
Apple has quietly begun shipping American-made artificial intelligence servers from its newly operational Houston facility, according to exclusive reporting from Fox Business. The accelerated production timeline marks a significant shift in the company’s manufacturing strategy and represents a direct response to the Trump administration’s repeated calls for technology companies to bring jobs and production back to the United States.
The United States is reportedly weighing restrictions on software exports to China in response to Beijing’s rare-earth controls. Treasury Secretary Scott Bessent confirmed that “everything is on the table” regarding potential trade measures.
The United States is considering imposing export controls on software-related products to China, according to reports from Reuters. The potential measures come in response to Beijing’s recent implementation of sweeping rare-earth export restrictions, escalating trade tensions between the world’s two largest economies.
Global Leaders Converge in Jakarta for Premier Business Dialogue The 23rd Forbes Global CEO Conference brought together an elite assembly…