The Trump administration and Intel have reached an agreement for the U.S. government to own nearly 10 percent of the ...

WASHINGTON (AP) — President Donald Trump said that Intel has agreed to give the U.S. government a 10% stake in its business.

Intel (NASDAQ: INTC) stock is leaping higher in Friday's trading thanks to a pair of bullish catalysts. The semiconductor ...

President Trump and Intel announced an agreement on Friday that will give the US government a 10 percent stake in the company. The passive ownership will ...

He reminded Trump and his team that the U.S. manufactures less than 12% of the world’s semiconductors today, a steep fall ...

The deal is part of Trump’s strategy to strengthen America’s role in global chipmaking, a sector seen as central to national ...

Justice Department officials argued the program provides an unconstitutional advantage based on race or ethnicity.

Under the agreement, the US will purchase a 9.9% stake in Intel for $8.9 billion, or $20.47 per share, which represents a ...