U.S. President Donald Trump is injecting nearly $9 billion into Intel in exchange for a 9.9% equity stake. But the money - which the struggling chipmaker was slated to receive anyway under a federal funding act - will not be enough for its contract-chipmaking business to flourish,

President Donald Trump on Friday morning took a surprise trip to "The People's House" -- a museum about the White House and its inhabitants. Trump took reporter questions after the tour on the FBI search of John Bolton's house, the Russia-Ukraine war, the federal takeover of Washington and more.

The back-to-back news items signal a public and private sector commitment to domestic semiconductor production and underscore Intel's importance.

Trump has a newfound taste for state involvement in the private sector. It’s a palette Sanders has long enjoyed.

The White House is pushing for a stake in embattled chipmaker Intel after making deals with Nvidia and AMD to sell chips to China for a 15% cut.

President Donald Trump’s White House wants a slice of Intel’s pie in exchange for CHIPS Act grants that had already been approved by former President Joe Biden. And conservative radio host and pundit Erick Erickson is furious about it.

US commerce secretary Howard Lutnick is looking into the White House taking equity stakes in Intel and other chipmakers in exchange for grants under the Chips Act, which aims to spur factory-building in the US,

Sen. Rand Paul (Ky.), a libertarian-minded Republican, criticized the Trump administration’s push to acquire a stake in U.S. chipmaker Intel, suggesting the move would be a “step toward socialism.” “If socialism is government owning the means of production,