Rivian gets conditional approval for $6.6 bln govt loan to build Georgia factory

Investing.com– Rivian said on Monday it had received conditional approval for an up to $6.6 billion loan from the U.S. Department of Energy, which is likely to be deployed towards a planned factory in Georgia.  Rivian Automotive Inc (NASDAQ:RIVN) received conditional approval from the DOE’s Advanced Technology Vehicle Manufacturing (ATVM) loan program, the electric vehicle…

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Qualcomm takeover interest for Intel has cooled- Bloomberg

Investing.com– Qualcomm Incorporated (NASDAQ:QCOM) is reconsidering its interest in pursuing a takeover of beleaguered chipmaker Intel Corporation (NASDAQ:INTC), Bloomberg reported on Monday, amid concerns over the complexities of a potential deal. Reports earlier this year suggested Qualcomm was considering a bid for Intel, especially after the latter’s shares fell sharply in value as it flagged increased…

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