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

The Trump administration and Intel are poised to announce details of an agreement to give the U.S. government an equity stake ...

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.

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 ...

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

The move by the U.S. could open the door for similar deals with other chipmakers that received grants under the Chips Act ...

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

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

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

Lutnick just laughed it off, indignantly pointing out that “we were just giving away the money” under the previous terms of ...

Commerce Secretary Howard Lutnick on Tuesday confirmed that the government wants Intel to cough up a 10% equity stake in ...