The new funding would be another financial lifeline for Intel, as billions of dollars in investment to expand its contract ...

The president has this year secured trillions of dollars’ worth of pledges to invest in the US — even if some of those commitments are repackaged versions of existing plans. That includes a vow by ...

Commerce Secretary Howard Lutnick told CNBC the U.S. government wants a stake in Intel in exchange for CHIPS Act grant money ...

After the Trump administration confirmed a rumor that the US is planning to buy a 10 percent stake in Intel, US Senator ...

But Intel wasn't alone in winning CHIPS Act grants. As CNBC points out, Taiwan Semiconductor (TSMC) was awarded $6.6 billion ...

Throwing a lifeline to the troubled chipmaker in the form of equity ownership is a smart move, but the US needs to think ...

The industry looks very different from when Intel was the clear leader. Nvidia and AMD dominate AI and data centers, while ...

U.S. Commerce Secretary Howard Lutnick is looking into the government taking equity stakes in Intel and other chipmakers in ...

Two sources familiar with the discussions told Reuters that US Commerce Secretary Howard Lutnick has floated the idea in connection with an ongoing plan to acquire ...

The deal comes as the US government explores a deal to take as much as a 10% ownership stake in the Santa Clara, California, ...

Intel has been awarded about $11 billion from the CHIPS Act including about $8 billion for domestic semiconductor ...