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

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

WASHINGTON -- President Donald Trump said that Intel has agreed to give the U.S. government a 10% stake in its business.

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

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

President Donald Trump on Friday announced the U.S. government has secured a 10% stake in struggling Silicon Valley pioneer ...

President Donald Trump said on Friday the U.S. would take a 10% stake in Intel under a deal with the struggling chipmaker ...

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

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

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

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