Wall Street analysts don’t expect the money alone to turn around Intel’s business, which has suffered from years of declining sales and the loss of market share ...

Sen. Rand Paul (Ky.), a libertarian-minded Republican, criticized the Trump administration’s push to acquire a stake in U.S.

President Donald Trump is looking to increase the federal government's stake in chip manufacturers that receive funding from ...

"This is a horrible precedent. This is socialism. All of you people were freaked out about Mamdani in New York City" ...

Key Takeaways Commerce Secretary Howard Lutnick said the Trump administration is exploring how the U.S. could receive equity stakes in semiconductor companies with CHIPS Act grants.Such deals could ...

After making deals with the president to avoid punitive executive orders, Paul Weiss and Kirkland & Ellis are helping the ...

WASHINGTON (Reuters) -Liberal U.S. Senator Bernie Sanders on Wednesday threw his support behind President Donald Trump's plan ...

But Intel wasn't alone in winning CHIPS Act grants. As CNBC points out, Taiwan Semiconductor (TSMC) was awarded $6.6 billion ...

Commerce Secretary Howard Lutnick told CNBC the U.S. government wants a stake in Intel in exchange for CHIPS Act grant money ...

The U.S. Commerce Department is weighing whether to take an equity stake in Intel and other chip companies in exchange for ...

President Donald Trump on Tuesday offered his assurances that U.S. troops would not be sent to Ukraine to defend against ...

Shares of the struggling chipmaker have rallied on reports that the U.S. is in talks for a potential equity stake.