News

It's official: The US government is taking a nearly 10% stake in Intel

The US investment in Intel is a rare example of the government taking a stake in a private company. INTC closed up on Friday ...

The US government is taking an $8.9 billion stake in Intel

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

US government’s investment in Intel may not be enough for turnaround: here’s why

The US government takes a 9.9% stake in Intel with an $8.9B investment, but analysts warn funding alone may not save its ...

The Long, Painful Downfall of Intel

The Silicon Valley chipmaker’s journey from icon to a government project, with the sale of a 10 percent stake to the Trump ...

‘Socialism’: Trump faces right-wing attacks over Intel proposal

Conservative radio host Erick Erickson called the equity stake plan “terrible” and said it was “actual socialism happening by ...

Trump Poised to Unveil Intel Deal for Equity Stake on Friday, Bloomberg News Reports

(Reuters) -The Trump administration and Intel are poised to announce details of an agreement to give the U.S. government an ...