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.

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

Taiwan Semiconductor Manufacturing Co (TSMC, 台積電), the world’s biggest contract chipmaker, booked its first-ever profit from ...

The investment will make SoftBank Intel’s fifth biggest investor, with the conglomerate paying $23 per share of Intel common ...

The potential deal would convert the CHIPS ACT grants into equity, but wouldn't come with governance rights in Intel, Lutnick said.

The Trump administration is weighing a historic move to take a 10% stake in Intel, converting CHIPS Act grants into equity to ...

Taiwan Semiconductor Manufacturing operates on a foundry model. The company produces specific chips that other companies ...

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

Intel is getting a $2 billion capital injection from SoftBank Group in a major vote of confidence for the troubled U.S.

SoftBank is investing $2 billion in Intel, becoming a top-10 stakeholder in the struggling US chipmaker. The move highlights SoftBank’s push into AI and semiconductors, as Intel faces mounting ...

The government’s plan is under consideration just as SoftBank announced a surprise bet on Intel’s revival, agreeing to ...