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

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

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

President Donald Trump said the the Intel “deal” would give the U.S. government a roughly 10 percent share in the company, or ...

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

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

The semiconductor maker has struggled to keep up in the artificial intelligence boom with rivals such as Nvidia and AMD.

Intel stated that the US federal government was taking a passive ownership stake and would not seek a board seat.

Intel Corp. (NASDAQ:INTC) is one of the best data center stocks to buy now. On August 19, SoftBank Group announced a $2 ...

He reminded Trump and his team that the U.S. manufactures less than 12% of the world’s semiconductors today, a steep fall ...