The US government has taken an $8.9 billion, 9.9% stake in Intel (INTC), buying 433.3 million shares in the chipmaker at a price of $20.47 per share. The government’s investment in Intel will be ...

Wall Street rolled to more records on Thursday as Nvidia and Intel led a rally for technology stocks after announcing a deal that includes a $5 billion investment. The S&P 500 rose 0.5% and is on ...

Intel CEO Lip-Bu Tan is set to visit the White House on Monday after President Trump called for his removal last week, the Wall Street Journal reported on Sunday, citing people familiar with the ...

Intel said Thursday it has mostly completed plans it announced last quarter to cut 15% of its workforce, as the struggling chipmaker attempts a turnaround. The layoffs, tucked in Intel’s second ...

Lip-Bu Tan, Intel’s top executive, said he was committed to the company after Mr. Trump called for him to step down over reported Chinese investments. By Isabella Kwai The chief executive of Intel, ...

President Donald Trump on Friday said the U.S. government had reached a deal to take a 10 percent equity stake in the chipmaker Intel, worth approximately $10 billion. “I said, I think it would be ...

Intel has agreed to sell the US a 10 percent stake in the company, Donald Trump announced at a news conference Friday. The US stake is worth $10 billion, Trump said, confirming that the deal was inked ...

The S&P 500 slipped 0.3% for a second straight, modest loss. The Dow Jones Industrial Average dropped 171 points, or 0.4%, and the Nasdaq composite fell 0.4%. All three are still near their all-time ...

In his latest intervention in private business, the president says he told the chipmaker’s chief executive that “it would be good having the United States as your partner.” President Donald Trump said ...