Trump Administration Takes Stake in Critical Mineral Firm ATALCO [Yahoo! Finance]
Intel Corporation (INTC)
Last intel corporation earnings: 4/23 04:07 pm
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Source: Yahoo! Finance
The Defense Department and an affiliate of Pinnacle Asset Management are set to announce a strategic partnership Monday involving Atlantic Alumina Co., or ATALCO, which has been turning bauxite into alumina just outside of New Orleans since the late 1950s. Alumina is a fine white powder used to make aluminum. Most Read from Bloomberg New Design Plans Revealed for White House Ballroom In Birmingham, a Stadium Plan Shows UK Football's Flashy Side Summit Properties Wins Auction for Bankrupt NYC Apartments New LA Home Designs, Reimagined By Fire Crypto Adherents Advance Their Vision for City-Building The deal is the latest example of the Trump administration's unprecedented push to invest directly in companies it views as critical to US national security. It took a stake in chipmaker Intel Corp. last year while also negotiating a “golden share” in US Steel Corp. as part of its takeover of Japan's Nippon Steel Corp. The Pentagon has invested $150 million of preferred equit
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News
- AI Memory Shortage Reshapes 2026 Outlook for Chipmakers [Yahoo! Finance]Yahoo! Finance
- Trump Administration Takes Stake in Critical Mineral Firm ATALCO [Yahoo! Finance Canada]Yahoo! Finance Canada
- 3 Large-Cap Stocks That Fall Short [Yahoo! Finance]Yahoo! Finance
- Former Intel CEO warns US chip comeback still has long way to go [FOX Business Network]FOX Business Network
- Intel Stock Just Keeps Soaring. Is It Too Late to Buy? [Yahoo! Finance]Yahoo! Finance
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