Speaking with reporters on Friday, President Trump said the deal came out of a meeting last week with Intel CEO Lip Bu Tan.

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

President Donald Trump says the US government is taking a 10 percent stake in chip maker Intel. Trump shared the news during ...

The president equated the payment to 10% of the chipmaker’s value, saying he told its chief executive "it would be good ...

“BIG NEWS: The United States of America now owns 10% of Intel, one of our great American technology companies. This historic ...

Intel Corp. has agreed to the U.S. government taking a stake in the chip maker, President Donald Trump said Friday, not long ...

The U.S. government plans to take a 10% stake in Intel, President Donald Trump told reporters Friday. Bloomberg was first to ...

The U.S. government will take a 10% stake in Intel, President Donald Trump said Friday — an extraordinary step toward ...

They’ve agreed to do it. And I think it’s a great deal for them,' Trump said today. Commerce Secretary Lutnick later tweeted: ...

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

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