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 ...

Intel Corporation sees a steep rally; speculation over U.S. stake and SoftBank investment fuels optimism, but can it overcome ...

Intel's rocky ties with TSMC, strained after Pat Gelsinger's "rude" Taiwan remarks and the loss of a key wafer discount, have left the chipmaker battling billions in foundry losses, mounting ...

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

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

SoftBank's investment will come via a primary issuance of common stock by Intel, and, based on the U.S. company's market ...

US government is considering equity stakes in companies receiving CHIPS Act funding, including TSMC, Micron, Samsung, and ...

Lutnick just laughed it off, indignantly pointing out that “we were just giving away the money” under the previous terms of ...

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 U.S. chipmaker has struggled to keep pace in the AI market alongside competitors like Nvidia. Softbank has agreed to buy ...

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