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Yahoo
2 minutes ago
- Yahoo
US government in talks to acquire stake in Intel
The Trump administration is engaged in discussions with Intel regarding a potential investment in the chipmaker, Bloomberg reported citing sources familiar with the matter. Details regarding the size of the proposed investment remain unspecified. However; such a deal could provide essential support for Intel's ambitious factory hub project in Ohio, which the company had previously aimed to establish as the largest chip manufacturing facility globally, although this initiative has faced numerous delays. These negotiations come on the heels of President Donald Trump's recent call for the removal of Intel CEO Lip-Bu Tan, whom he has described as 'highly conflicted' due to concerns over his previous associations with China. The current discussions are said to have originated from a recent meeting between President Trump and Tan. While specifics are still being worked out, one source indicated that the US government would finance the investment. Another source warned that the discussions are still in a preliminary stage and may not result in a formal agreement. In response to the news, Intel's shares rose by as much as 8.9% on 14 August 2025, ultimately closing 7.4% higher at $23.86, giving the company a market capitalisation of approximately $104.4bn, the report added. The stock continued to increase by an additional 4% in after-hours trading. 'Discussion about hypothetical deals should be regarded as speculation unless officially announced by the administration,' Bloomberg quoted White House spokesman Kush Desai as saying. Intel has chosen not to comment on the ongoing discussions. A representative stated that the company is 'deeply committed to supporting President Trump's efforts to strengthen US technology and manufacturing leadership' and expressed a willingness to continue working with the Trump administration on shared goals, while refraining from commenting on speculation. An agreement would provide a financial boost to Intel at a time when the company is implementing cost-cutting measures and workforce reductions. It also suggests that Tan is likely to remain in his role as CEO. This situation represents another instance of the Trump administration's direct involvement in a key industry. Previously, the administration reached an agreement to receive a 15% cut of certain semiconductor sales to China and took a so-called golden share in United States Steel Corp. as part of a deal to facilitate its sale to a Japanese competitor. The discussions regarding Intel also reflect a recent announcement from the Defense Department, which disclosed plans to take a $400m preferred equity stake in US rare-earth producer MP Materials Corp., thereby making the Pentagon the largest shareholder in the company. "US government in talks to acquire stake in Intel" was originally created and published by Verdict, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
CNN
5 minutes ago
- CNN
Crypto is booming. Washington is driving the rally
It's been a summer to remember for crypto. Bitcoin is eclipsing record highs, shares in crypto-related companies are soaring and Wall Street is rethinking its stance on the industry. Once on the fringes of finance, cryptocurrency is now being embraced by a growing base of enthusiastic investors — and that's driven in large part by the White House's support. It's integrating with traditional finance more than ever before, bolstered by sweeping legislative changes in Washington. For example, President Donald Trump recently issued an executive order that opened the door for digital assets like crypto to be included in 401(k)s. This boosted bitcoin — the world's largest cryptocurrency by market value — to a record high of $124,000 last week. Anything related to bitcoin has been on fire this year as investors continue to pour money into crypto-related companies. Meanwhile, skeptics who warn of crypto's flaws are raising concerns about heightened risks for consumers. Shares in Robinhood (HOOD), a trading platform that includes cryptocurrencies, have soared 200% this year. Coinbase (COIN), a crypto exchange, has gained 28%. Strategy (MSTR), a company that purchases bitcoin, is up 26% this year. And BitMine Immersion Technologies (BMNR), a company that mines bitcoin, has surged 625%. In comparison, the benchmark S&P 500 is up 10% this year. The Nasdaq 100, an index tracking the 100 largest tech companies in the United States, is up 13%. Crypto is climbing into unprecedented territory. Google is part of a multibillion-dollar deal with a bitcoin mining company called TeraWulf, helping drive enthusiasm about the industry. 'Institutional adoption and strategic infrastructure deals have propelled crypto markets well beyond summer expectations,' said Brian Dobson, head of disruptive technology equity research at brokerage firm Clear Street. 'We see this as the early stages of a broader cycle.' The current crypto mania has the makings of a classic speculative rally, supported by intense bullishness on tech, AI and crypto, according to Steve Sosnick, chief strategist at Interactive Brokers, a trading platform. 'The (Trump) administration proclaimed that it would be crypto-friendly,' Sosnick said. 'Markets have been very much willing to embrace speculation of any kind.' Circle (CRCL), a stablecoin issuer (a type of crypto coin), has surged 80% since it debuted on the New York Stock Exchange on June 5. The latest crypto-related company to debut on the New York Stock Exchange is called Bullish (BLSH). Retail investors have been big buyers. However, 9% of global fund managers surveyed by Bank of America in August had exposure to cryptocurrency. 'One factor is just pure excitement around the potential diversification of 401(k)s into alternative assets,' said Michael Green, chief strategist at Simplify Asset Management. 'The growing acceptance and awareness of crypto in that space has really powered flows into bitcoin in particular this year.' BlackRock has also propelled bitcoin's ascent. The asset management firm launched its own bitcoin exchange-traded fund in January 2024 after the Securities and Exchange Commission greenlit bitcoin-focused ETFs. The ETF is up 137% since its launch, and it's become the primary vehicle for investors to get exposure to bitcoin without purchasing the cryptocurrency, Green said. The S&P 500, in comparison, has gained 37% across the same period. Another crypto win came on July 18, when Trump signed the GENIUS Act into law, laying out regulations for stablecoins. Stablecoins are a type of crypto pegged to another asset, like the US dollar, to keep its value steady. The 'stable' value gives it potential use in digital payments. JPMorgan Chase CEO Jamie Dimon on his company's earnings call in July said the bank is going to be involved in stablecoins to 'understand it' and 'be good at it.' 'The way to be cognizant is to be involved,' Dimon said. 'We're going to be in it and learning a lot.' JPMorgan on July 30 also announced a partnership with Coinbase 'to make buying crypto easier than ever.' Beginning this fall, Chase customers will be able to fund their Coinbase accounts to purchase crypto with their Chase credit cards. With all the crypto changes this year, it's important for investors to 'seek as much education as possible' on new technologies and assets like bitcoin to better grasp 'all of the opportunities and risks involved,' said Chris Kuiper, vice president of research at Fidelity Digital Assets. The Trump family has been active in the crypto industry. World Liberty Financial, a company tied to the Trump family, has issued its own stablecoin. Treasury Secretary Scott Bessent on Thursday said in a social media post that the government aims 'to execute on the President's promise to make the United States the 'Bitcoin superpower of the world.'' While markets cheer developments in the space, others are warning of crypto's flaws and raising concerns about potential financial risks. The GENIUS Act, for example, has been heralded by proponents of the crypto industry. Yet some policy advocacy groups are drawing attention to what they call the lack of consumer protections. 'The GENIUS Act does not really offer much in the way of consumer or investor or financial stability protections beyond what already exists,' said Amanda Fischer, policy director at Better Markets, a nonprofit advocacy group. 'I do not think that this bill should be viewed as regulating stablecoins, so much as it is the government endorsing stablecoins and importing crypto risks into the regular financial system,' Fischer said.
Yahoo
7 minutes ago
- Yahoo
3D Printing Plastics Market Forecast to Reach USD 5.39 Billion by 2030
ABS, noted for its impact resistance and suitability for FDM technology, remains a key player, driven by cost-effectiveness and post-production capabilities. Meanwhile, the powder form segment, crucial for industrial applications like SLS and EBM, ranks third due to its efficiency and sustainability. Manufacturing leads the charge, transitioning to additive methods, while North America dominates the regional landscape due to strong industry support. The report offers comprehensive insights and competitive analysis of major companies. 3D Printing Plastics Market Dublin, Aug. 18, 2025 (GLOBE NEWSWIRE) -- The "3D Printing Plastics Market by Type (Photopolymer, ABS, Polyamide, PLA, PETG), Form (Filament, Liquid, Powder), Application (Prototyping, Manufacturing, Tooling), End-use Industry and Region- Global Forecast to 2030" has been added to offering. The 3D printing plastics market is set to experience significant growth, projected to rise from USD 2.36 billion in 2025 to USD 5.39 billion by 2030, at a CAGR of 18%. Acrylonitrile Butadiene Styrene (ABS), known for its impact resistance and thermal stability, ranked as the third-largest segment in 2024, following PLA. Its use in Fused Deposition Modelling (FDM) process caters to both professional and desktop printer users, permitting post-production enhancements such as painting and sanding. Recent advancements include ABS adaptations with fillers, aimed at improving flow and reducing warping, which have further extended its application scope for complex geometries and larger prints. In terms of value, the powder form segment held the third-largest share of the market in 2024. This segment supports advanced technologies like SLS, MJF, and EBM, known for their capability to create detailed, mechanically strong parts for aerospace, automotive, and medical applications. Powder-based techniques are valued for their ability to deliver high surface quality and good isotropic mechanical properties. Materials such as polyamide, TPU, and PEEK expand the segment's utility for both prototyping and end-use production, contributing to the growth driven by on-demand production models and industry requirements for speed and accuracy. The manufacturing application represented the second-largest market share in 2024. This application is revolutionizing modern production, especially in industries such as automotive, aerospace, consumer electronics, healthcare, and heavy machinery. Transitioning from subtractive to additive manufacturing with 3D printing plastics enhances efficiency while reducing costs, making it valuable for rapid prototyping and the production of end-use parts. High-performance thermoplastics like ABS, nylon, and carbon-fiber-infused composites are favored for use in industrial environments due to their strength and heat resistance. The consumer goods industry had the fourth-largest market share in 2024, driven by demand for rapid, flexible manufacturing methods. 3D printing enables streamlined product development without the need for costly tooling and supports the growing trend of mass customization. The rise of e-commerce and direct-to-consumer models has seen small businesses benefit from 3D printing's low capital investment, while new iterations of 3D materials like biodegradable PLA and flexible TPU are broadening application possibilities. Consumer brands are leveraging 3D printing to adopt more sustainable practices, emphasizing minimal waste and creative design possibilities. North America leads the market, forecasted to maintain this position throughout the period. Its growth is supported by clean energy commitments, infrastructure advancements, and increasing demand across automotive, aerospace, and healthcare sectors. Companies such as Stratasys and 3D Systems Inc. are at the forefront, innovating with new materials that align with industry needs. The region's sophisticated manufacturing capabilities and regulatory environment fuel rapid market expansion. This study draws on interviews with industry experts worldwide. Insights were gathered from diverse company types, designations, and regions, ensuring comprehensive research coverage. Key market players analyzed include 3D Systems, Inc., Arkema, Materialise, Stratasys, Syensqo, Shenzhen Esun Industrial Co., Ltd., Evonik Industries AG, EOS GmbH, Formlabs, SABIC, CRP TECHNOLOGY S.r.l., Henkel AG & Co. KGaA, Huntsman International LLC, Ensinger, and Zortrax. The research categorizes the market by type, form, application, and end-use industry across various regions. It offers in-depth analysis on factors influencing market growth, detailed insights into industry players, and competitive assessments. The report is indispensable for stakeholders aiming to understand the market landscape and develop strategic approaches. Key Insights: Drivers such as government initiatives and demand for application-specific grades, alongside challenges like environmental concerns and technological advancements. Innovation trends in upcoming technologies and product launches. Market development opportunities across global regions. Comprehensive market diversification analysis. Competitive strategies of leading market players. Key Attributes: Report Attribute Details No. of Pages 316 Forecast Period 2025 - 2030 Estimated Market Value (USD) in 2025 $2.36 Billion Forecasted Market Value (USD) by 2030 $5.39 Billion Compound Annual Growth Rate 18.0% Regions Covered Global Key Topics Covered: Market Dynamics Drivers Increased Supply of 3D Printing Plastics due to Forward Integration of Key Polymer Companies Development of Application-Specific Plastic Grades Government Initiatives to Surge Adoption of 3D Printing Technologies Restraints Environmental Concerns Regarding Disposal of Plastic Products Lack of Mass Production to Drive Large Players Out Regulations on Use of Specific Grades of Plastics Opportunities Increasing Demand for Bio-based Plastic Grades Enhanced Performance of Composite Grades in Industrial Applications Challenges Technological Advancements in 3D Printing High Manufacturing Costs of Commercial-Grade Plastics Case Study Analysis Airbus - 3D Printed Polymer Parts for Aircraft Interiors Porsche - 3D Printed Electric Drive Housing and Performance Parts Trends/Disruptions Impacting Customer Business Company Profiles 3D Systems, Inc. Arkema Materialise Stratasys Syensqo Shenzhen Esun Industrial Co. Ltd. Evonik Industries AG Eos GmbH Formlabs Sabic CRP Technology S.R.L. Henkel AG & Co. KGaA Huntsman International LLC Ensinger Zortrax Oxford Performance Materials Etec Lehmann&Voss&Co. Ultimaker 3Dxtech Victrex Apium 3D Technologies GmbH Treed Filaments Photocentric Ltd. Torwell Technologies Co. Ltd. For more information about this report visit About is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends. Attachment 3D Printing Plastics Market CONTACT: CONTACT: Laura Wood,Senior Press Manager press@ For E.S.T Office Hours Call 1-917-300-0470 For U.S./ CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
