The U.S. government has taken a 10% stake in struggling U.S. chipmaker Intel, President Donald Trump announced in a social ...

Intel is expected to receive about $10 billion in CHIPS Act grants from the government to help fund the building of chip ...

The US investment in Intel is a rare example of the government taking a stake in a private company. INTC closed up on Friday ...

President Donald Trump said on Friday he reached an agreement with Intel CEO Lip-Bu Tan that would involve the struggling ...

WASHINGTON (AP) — President Donald Trump on Friday announced the U.S. government has secured a 10% stake in struggling ...

The deal is among the largest government interventions in a U.S. company since the rescue of the auto industry after the 2008 ...

The United States government will own a 10% share of common stock in U.S. chipmaker Intel in exchange for $11 billion in ...

The Trump administration previously signaled interest in investing in the struggling chip maker and will use funds from Biden ...

Speaking with reporters on Friday, President Trump said the deal came out of a meeting last week with Intel CEO Lip Bu Tan.

President Donald Trump said Friday that Intel had agreed to give the U.S. government a 10% stake, which amounts to roughly ...

Intel's statement followed remarks from Trump that Washington would gain a direct stake in the chipmaker under a new ...

Under the deal, the US government is committing $8.9 billion to purchase Intel stock, which would give the government a 9.9% ...