Lutnick said the agreement is beneficial to both parties but no details on the arrangement have been released so far.

The S&P 500, Nasdaq Composite, and Dow Jones Industrial Average have gone for a wild ride since President Trump took office.

President Donald Trump insisted on the stake in exchange for large grants committed when Joe Biden was president.

US chipmaker Intel Corp's logo is seen at the entrance to their "smart building" in Petah Tikva, near Tel Aviv, Israel.

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

The largest chip manufacturer in the US has been in talks with Washington over a potential government stake in the company.

The Trump administration and Intel have reached an agreement for the U.S. government to own nearly 10 percent of the ...

The U.S. Government will make an $8.9 billion investment in Intel as part of an agreement with the Trump Administration, the ...

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

The Trump administration previously signaled interest in investing in the struggling chip maker and will use funds from Biden ...

Trump signs $8.9B deal for 10% Intel stake, boosting U.S. semiconductor production, national security, and competitiveness ...