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

The S&P 500, Nasdaq Composite, and Dow Jones Industrial Average have gone for a wild ride since President Trump took office.

In an unprecedented move to foster national semiconductor production, the U.S. government has attained a 10% equity stake 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, Trump said the deal came out of a meeting last week with Intel CEO Lip Bu Tan — which came ...

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

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

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 ...

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

US Secretary of Commerce Howard Lutnick said on Friday that the federal government will take a 10% stake in US chipmaker ...

The president's highly unusual announcement underscores the Trump administration's desire to take control over U.S.