The U.S. government plans to take a 10% stake in Intel, President Donald Trump told reporters Friday. Bloomberg was first to ...

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

The development follows a meeting between CEO Lip-Bu Tan and Trump earlier this month that was sparked by Trump’s demand for ...

President Donald Trump said on Friday the U.S. would take a 10% stake in Intel under a deal with the struggling chipmaker.

Intel stock rallies as Trump confirms a 10% US government stake, sparking debate over state capitalism, reshoring benefits, ...