Lutnick said the agreement is beneficial to both parties but no details on the arrangement have been released so far.

The Trump administration is considering a plan to reallocate at least $2 billion from the CHIPS Act to fund critical minerals ...

President Donald Trump says the US government is taking a 10 percent stake in chip maker Intel. Trump shared the news during ...

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

President Donald Trump insisted on the stake in exchange for large grants committed when Joe Biden was president.

The Trump administration and Intel have reached an agreement for the U.S. government to own nearly 10 percent of the ...

Companies that are boosting investment pledges in the US will not be pressed to offer equity in exchange for funding such as ...

President Trump said Friday that Intel has agreed to give the U.S. government a 10 percent stake in the company. “They’ve ...

The interests of Taiwan and its companies are the government's top priority, a Cabinet source said today in response to ...

This proposed shift would utilise funds initially designated for semiconductor research and chip factory construction.

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

The U.S. Government will make an $8.9 billion investment in Intel as part of an agreement with the Trump Administration, the ...