CNBC's Eamon Javers reports on U.S. Commerce Secretary Howard Lutnick's announcement that the United States government now ...

Lutnick said the agreement is beneficial to both parties but no details on the arrangement have been released so far.

US Secretary of Commerce Howard Lutnick said on Friday that the federal government will take a 10% stake in Intel.

President Trump said Friday that Intel has agreed to give the U.S. government a 10 percent stake in the company. “They’ve ...

They’ve agreed to do it and I think it’s a great deal for them,” Trump said at the White House, referring to Intel.

“BIG NEWS: The United States of America now owns 10% of Intel, one of our great American technology companies. This historic ...

President Donald Trump says the US government is taking a 10 percent stake in chip maker Intel. Trump shared the news during ...

President Donald Trump insisted on the stake in exchange for large grants committed when Joe Biden was president.

U.S. Commerce Secretary Howard Lutnick backed Union Pacific’s proposed $72 billion takeover of Norfolk Southern, saying it ...

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

US policy shifts and sharp rhetoric have turned Nvidia’s chip sales into a flashpoint, fuelling China’s mistrust and push for ...