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 chief executive of Intel, Tan was already fighting for his job. A few days earlier, ...

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 ...

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

One executive order issued by Trump directs officials to withhold federal money from sanctuary jurisdictions. The cities and ...

The administration also stripped security clearances this week from additional current and former national security officials ...

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

Most major stock indexes across the globe ended the week higher, as easing US inflation raised hopes of a potential interest rate cut by the Fed at ...

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% ...