By Jaspreet Singh, Max A. Cherney and Sayantani Ghosh SAN FRANCISCO (Reuters) -U.S. President Donald Trump is injecting nearly $9 billion into Intel in exchange for a 9.9% equity stake. But the money - which the struggling chipmaker was slated to receive anyway under a federal funding act - will not be enough for its contract-chipmaking business to flourish,

President Trump said on Friday that Intel, the troubled Silicon Valley chipmaker, had agreed to give the U.S. government a 10 percent stake in its business, worth $10 billion.

Federal backing could give Intel more breathing room to revive its loss-making foundry business, analysts said, but it still suffers from a weak product roadmap and challenges in attracting customers...

Defense Secretary Pete Hegseth has fired a general whose agency’s initial intelligence assessment of damage to Iranian nuclear sites from U.S. strikes angered President Donald Trump, according to two...