President Donald Trump on Friday announced the U.S. government has secured a 10% stake in struggling Silicon Valley pioneer Intel in a deal completed just a couple weeks after he depicted the company’s CEO as a conflicted leader unfit for the job.

Intel is expected to receive about $10 billion in CHIPS Act grants from the government to help fund the building of chip plants in the U.S.

President Donald Trump on Aug. 7 called for Intel CEO Lip Bu Tan to resign, accusing him of being “highly conflicted” over reported investments in Chinese semiconductor firms. The remarks, expressed via a post on his Truth Social network,

Sen. Chris Coons (D-Del.) joins 'Squawk Box' to discuss President Trump's deal to allow Nvidia and AMD to sell chips to China, AI arms race with China, Trump administration's push for a stake in Intel,

This deal is the culmination of America’s resurgent interest in industrial policy, the same interest we always develop when we sense a challenge to our global economic dominance. Whenever we spot a new competitor on the horizon,

Intel CEO Lip-Bu Tan is scheduled to visit the White House on Monday following President Donald Trump’s call last week for his ouster over ties to China, according to a new report.

Commerce Secretary Howard Lutnick reportedly said Tuesday that President Donald Trump is considering taking a federal equity stake in Intel (INTC) in exchange for government funding committed under the Biden administration.

President Donald Trump has called for the immediate resignation of Intel CEO Lip-Bu Tan, alleging "highly conflicted" ties to China. Tan, a Malaysian-born US citizen raised in Singapore, was appointed in March to revive Intel,