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

By Aditya Soni, David Shepardson, Andrea Shalal and Max A. Cherney WASHINGTON (Reuters) -President Donald Trump said on Friday the U.S. would take a 10% stake in Intel under a deal with the struggling chipmaker that converts government grants into an equity share,

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