The White House on Tuesday said it was “ironing out the details” of a deal that would entail the US government taking a 10 ...

SoftBank is investing $2 billion in Intel, even as the White House is considering taking a 10% stake in chipmaker per reports ...

Money earmarked for the company under the Chips Act could be converted into equity.

The Trump administration is reportedly considering having the US government take a stake in Intel, a company that was once ...

Commerce Secretary Howard Lutnick said Tuesday that the government is seeking an equity stake in the chipmaker in return for ...

An Intel deal would be one of the largest government interventions in private industry since the U.S. auto industry's bailout under President Obama.

The ambitions that Lutnick confirmed in a televised interview with CNBC came the day after various news outlets reported on ...

Commerce Secretary Howard Lutnick on Tuesday confirmed that the government wants Intel to cough up a 10% equity stake in ...

Intel CEO Lip-Bu Tan was due to visit the White House on Monday after U.S. President Donald Trump called for his removal last ...

The chip maker’s future was dangling by a thread even before its CEO controversy.