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Commerce Secretary Howard Lutnick told CNBC the U.S. government wants a stake in Intel in exchange for CHIPS Act grant money ...
The semiconductor maker has struggled to keep up in the artificial intelligence boom with rivals such as Nvidia and AMD.
The United States government has acquired a 10 per cent holding in Intel and this marks one of the most striking federal ...
The White House is pushing for a stake in embattled chipmaker Intel after making deals with Nvidia and AMD to sell chips to China for a 15% cut.
President Donald Trump's announcement that the U.S. government now holds a 10% stake in Intel, valued at $11 billion, has sparked sharp debate, with economist Peter Schiff calling it unconstitutional ...
Speaking with reporters on Friday, President Trump said the deal came out of a meeting last week with Intel CEO Lip Bu Tan.
Target names a new CEO and posts quarterly earnings that beat analysts’ forecasts, while Palantir extends losses into a sixth ...
The United States government is making an $8.9 billion investment in Intel, representing a 9.9 percent stake in the company, ...
Former Vice President Mike Pence expressed concerns about the US government taking an equity stake in Intel Corp. and a cut ...
The Silicon Valley tech giant, which has a new leader, has lagged behind its rivals during the AI boom and is slashing costs.
Intel ( INTC) was the best-performing stock in the S&P 500 when Japan's SoftBank Group made a $2 billion investment in the ...
AMD and Intel are winning share at the margins but can't break Nvidia's CUDA ecosystem and supply chain advantages by 2028.