Shining a Spotlight on Intel Intel (NASDAQ:INTC) has emerged from the shadows of its semiconductor rivals, capturing the attention of investors and policymakers alike. After years of struggling to keep pace with competitors like Nvidia (NASDAQ:NVDA) and Taiwan Semiconductor Manufacturing (NYSE:TSM),

Intel ( INTC 5.64%) stock is leaping higher in Friday's trading thanks to a pair of bullish catalysts. The semiconductor company's share price gained 5.5% in a day of trading that saw the S&P 500 jump 1.5% and the Nasdaq Composite surge 1.8%.

The Trump administration previously signaled interest in investing in the struggling chip maker and will use funds from Biden's CHIPs Act for the investment.

President Trump had urged CEO Lip-Bu Tan to step down over his past ties with China. But the narrative flipped last week after a highly positive White House meeting

The Trump administration is talking about buying stock in Intel and starting a sovereign wealth fund. There isn't a dumber, more irresponsible financial idea swirling around in Washington.

Intel Corp (NASDAQ:INTC) shares are trading higher Tuesday after it was announced that Softbank will invest $2 billion in the company.

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

Late Edition" focuses on the intersection of politics and global business. On today's show, Former Kansas City Fed President, Esther George, discusses whether or not when the Federal Reserve decides to cut rates will it risk Fed credibility.