Besides Intel, Micron, TSMC and Samsung were biggest Chips Act recipients. Read more at straitstimes.com. Read more at ...

Treasury Secretary Scott Bessent told CNBC that the U.S. government could convert billions in grants to Intel, into an ownership stake.

The U.S. government is poised to take a 10% stake in Intel, signaling renewed intervention in key commercial enterprises.

President Trump's tariffs continue to affect global markets and the economy. Follow for live updates on stocks, bonds and other markets, including the Dow Jones Industrial Average, S&P 500 and Nasdaq ...

Scott Bessent, the U.S. Treasury Secretary, said today that any investment made by the U.S. government in Intel would be used to stabilize the chipmaker.

The Trump administration wants U.S. chipmaker Intel to give the federal government an equity stake to receive $8 billion via ...

Treasury Secretary Scott Bessent and Commerce Secretary Howard Lutnick confirmed on Tuesday that the US government is ...

SoftBank will invest $2 billion into Intel as the struggling chipmaker pulls back on spending and lays off thousands of ...

Treasury Secretary Scott Bessent said the White House wouldn't try to flex its power with a stake in Intel.

Treasury Secretary Scott Bessent on Tuesday commended President Trump’s summit with Russian President Vladimir Putin in Alaska last week. “Alaska was a show of force by President Trump. He invited ...