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

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

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

The move comes after days of discussion in Washington about options for the troubled American chip-maker’s future.

Carol Massar and Tim Stenovec bring together the latest news from the world of business and finance and the interesting ...

The U.S. government will take a 10% stake in Intel under an agreement with the struggling chipmaker, President Donald Trump ...

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

Intel's statement followed remarks from Trump that Washington would gain a direct stake in the chipmaker under a new ...

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 stake is valued at around $10 billion, according to Trump.

The Trump administration and Intel Corp. are poised to announce details on Friday of an agreement to give the US government ...

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