Intel’s shares closed up 5.5% last Friday on news of the government’s equity stake, but fell 1% in post-market trading after ...

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 ...

Everything to Know about Macro and Markets Stocks closed the week firmly in the green after Friday’s rally flipped the ...

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

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.

Commerce Secretary Howard Lutnick previously said the U.S. government should receive equity in return for the CHIPS Act cash ...

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

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