The U.S. government acquired a 10% stake in Intel, converting previously awarded grants into equity, a move hailed by ...

“Under the terms of the agreement, $8.9 billion in grants that had been awarded to Intel from the 2022 CHIPS Act, but not yet ...

Banks screamed to new all-time highs, crypto rode the liquidity wave, and suddenly the tape looked like Powell had handed out ...

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

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

Taiwan Semiconductor Manufacturing Co.’s Arizona manufacturing plant has turned its first profit it began production at the ...

U.S. President Donald Trump is injecting nearly $9 billion into Intel in exchange for a 9.9% equity stake. What Intel needs ...

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

The president is demanding government stakes in U.S. companies and cuts of their revenue. Experts see some similarities to ...

The deal caps a two-week frenzy for the troubled chip maker and marks the latest in a series of extraordinary private-sector ...

President Trump approves $8.9 billion US government stake in Intel, contingency plans for if Intel sells 49% of its foundry business.

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