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 ...

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 ...

The one reason Wall Street has been obsessed with TSMC's stock, which has more than doubled the S&P 500 index's returns this ...

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.

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

The Trump administration is in discussions to take a stake of about 10% in Intel Corp., a move that could see the US become the beleaguered chipmaker’s largest shareholder.

Semiconductors underpin the artificial intelligence (AI) revolution, and this company is already ringing the cash register.