Son has been cultivating close ties to Trump ever since the president’s first term, visiting the White House repeatedly, chatting on the golf course and promising jobs and investment through the kind ...

The Trump administration has now struck a deal to take a 9.9% stake in Intel by converting outstanding federal grants into ...

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

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

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

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

The U.S. government is converting CHIPS Act grants into an $8.9 billion equity stake in Intel, a landmark deal giving the ...

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

Sure, except when Trump picks up the phone and tells you what to do! Intel said the government's equity stake will be funded by the remaining $5.7 billion in grants previously awarded but not yet paid ...

PHOENIX — President Donald Trump is getting clobbered from the left and the right for his decision to acquire a 10% stake in ...

Former Republican presidential candidate Nikki Haley condemned the Trump administration’s decision to take a 10 percent stake ...