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 stake will be funded by the $5.7 billion in unpaid Chips Act grants and the $3.2 billion award from the Secure Enclave ...

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Trump takes 10% of Intel, as Washington becomes Chinatown on industrial policy.

US President Donald Trump said the US would take a 10 percent stake in Intel under a deal with the struggling chipmaker that ...

Anish Dayal Singh served in the Intelligence Bureau (IB) for nearly three decades and rose to the position of Special ...

“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 ...

US President Donald Trump is injecting nearly $9 billion into Intel in exchange for a 9.9 percent equity stake. But the money ...

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

WASHINGTON (AP) — President Donald Trump on Friday announced the U.S. government has secured a 10% stake in struggling ...

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