US Government Becomes Intel's Largest Shareholder in Strategic Chipmaker Stake

·1 views

The US government has acquired a significant stake in Intel, making it the company's largest shareholder. The move marks a notable shift in American industrial and technology policy. Washington's investment is aimed at strengthening domestic chip manufacturing and securing critical supply chains. However, the development has also raised concerns about possible political interference in the company's operations.

Read the full story at Times of India

This is an AI-generated summary. ShortSingh links to the original source for the complete article.

Discussion (0)

Nuvama VP picks Indian Bank, DLF, and Polycab India as top stock buys

Aakash K Hindocha, Vice President of Research at Nuvama Professional Clients Group and Nuvama Wealth Management, has recommended three stocks for investors to consider. His selections include Indian Bank, real estate firm DLF, and electrical products manufacturer Polycab India. These picks were shared as part of stock market recommendations for the current trading session. Hindocha's choices span the banking, real estate, and electrical sectors, reflecting a diversified approach to equity investment.

0 comments Read more at Times of India

IndiaTimes of India ·

Sri Lanka captain backs spin advantage over India in Galle Test opener

Sri Lanka captain Dhananjaya de Silva has expressed confidence ahead of the upcoming Test series against India, predicting conditions will increasingly suit spinners as the Galle pitch ages. De Silva emphasized that player temperament will be crucial for batters looking to score runs on a deteriorating surface. He pointed to spinner Prabath Jayasuriya's impressive home record at Galle as a notable edge for the hosts. The Sri Lanka skipper also acknowledged India's injury setback, viewing the absence of pace ace Jasprit Bumrah as a significant blow to the visitors' bowling attack.

0 comments Read more at Times of India

IndiaTimes of India ·

Oil Prices Fall on Weak Demand Forecasts; Iran Tensions Keep Supply Risks High

Global oil prices have declined following downward revisions to demand growth forecasts by both OPEC and the International Energy Agency. A significant rise in US crude inventories has further weighed on prices. However, supply-side risks remain elevated due to ongoing geopolitical tensions in key shipping lanes, including the Strait of Hormuz and Bab el-Mandeb Strait. Nuclear negotiations between Iran and the United States have yet to reach a resolution, adding to market uncertainty.

0 comments Read more at Times of India

IndiaNDTV ·

Indian Teen Kills Mother and Brother at US Home, Searched 'Kill Family' Online

An Indian teenager named Aravind, a student at Acton-Boxborough Regional High School, allegedly killed his mother and brother inside their US home on Tuesday. Police allege he fatally assaulted both victims before fleeing the scene in his mother's Honda Accord. Investigators found that Aravind had reportedly searched online for fantasies related to killing family members. Authorities launched a search for the suspect following the incident.

0 comments Read more at NDTV