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

From Shashank Chandrakumara, Undergraduate in Finance, Law and Public Policy, Indiana University Bloomington, IN, US ...

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

Intel’s shares closed up 5.5% last Friday on news of the government’s equity stake, but fell 1% in post-market trading after ...

The stake will be funded by the $5.7 billion in unpaid Chips Act grants and the $3.2 billion award from the Secure Enclave ...

Just five months into his tenure as Intel’s CEO, Lip-Bu Tan was fighting for his job. Getting to a truce with the president ...

The Chips Act wasn’t about raising revenue, and an equity share wouldn’t enhance national security.

US President Donald Trump said the US would take a 10 percent stake in Intel under a deal with the struggling chipmaker that ...

Trump takes 10% of Intel, as Washington becomes Chinatown on industrial policy.

President Donald Trump sealed a deal that gives the US government a nearly 10 per cent stake in Intel, part of an ...