4 d. ago Trump Intel deal designed to block sale of chipmaking unit, CFO says

US chipmaker has faced pressure to sell lossmaking foundry business struggling to compete with TSMC

Economics

6 d. ago MAGA ‘Shark Tank’ star rages against Trump’s ‘really, really bad idea’ to take stake in Intel

Kevin O’Leary’s condemnation of the Intel decision comes as the president’s top officials insist that the administration will be making similar moves down the line.

Politics

1 week ago Trump says Intel will give US government a 10% stake in its business

Deal comes despite Trump calling for Intel CEO to resign earlier this month for being ‘highly conflicted’

Politics

1 week ago Hegseth fires general whose agency's intel assessment of damage from Iran strikes angered Trump

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

Events

1 week ago US pursuing stake in struggling chipmaker Intel, commerce secretary says

Trump administration looking to convert funding from Chips Act into equity in the semiconductor manufacturerThe US government is pursuing a stake in Intel, the US commerce secretary said on Tuesday, confirming reports of discussions between officials and the company that have circulated for the better part of a week.The Trump administration wants to convert funding from the Chips and Science Act, which funds research and manufacturing of semiconductor chips in the US, into equity in the struggling tech company, according to Howard Lutnick. Continue reading...

Politics

1 week ago Department of Justice to begin handing over Epstein files to Capitol Hill – US politics live

DoJ agrees to provide Congress documents from the Epstein sex trafficking investigation, says House lawmaker on MondaySoftBank has agreed to invest $2bn (£1.5bn) in Intel, amid reports that Donald Trump’s administration is also considering a stake in the struggling US chip maker.The Japanese technology investor announced the multibillion-dollar deal on Tuesday, in a move expected to give it a 2% stake in the business. Continue reading...

Politics

2 w. ago SoftBank invests $2bn in Intel; proposed new UK property tax ‘could cut cost of buying expensive homes’

Washington reportedly considering 10% stake in US chipmakerGood morning, and welcome to our rolling coverage of business, the financial markets and the world economy.Japan’s SoftBank has agreed to invest $2bn (£1.5bn) in Intel, the struggling US chip company, while the Trump administration is reportedly considering a 10% stake in the business by converting Chips Act subsidies into equity. That would make Washington Intel’s largest shareholder.Semiconductors are the foundation of every industry. For more than 50 years, Intel has been a trusted leader in innovation. This strategic investment reflects our belief that advanced semiconductor manufacturing and supply will further expand in the United States, with Intel playing a critical role. Continue reading...

Economics

2 w. ago Japan's SoftBank to take $2 billion stake in computer chip maker Intel

Japanese technology giant SoftBank Group says it plans to take a $2 billion stake in computer chip maker Intel as it deepens its involvement in U.S. semiconductor manufacturing in the United States

Economics

2 w. ago Trump administration considers 10% stake in Intel to rescue embattled chip maker: reports

Talk of a potential U.S. share in the chip maker comes after Trump called on the CEO of Intel to resign earlier this month over his China ties

Events

2 w. ago Intel shares jump after report says Trump administration looking at stake

Market value passes $104bn despite White House saying claims of talks to invest in factories are ‘speculation’Shares in Intel have jumped 7.4% after it was reported that the Trump administration is considering taking a stake in the struggling US chipmaker.The potential investment, which would be paid for by the US government, would be used to develop Intel’s factory hub in Ohio, according to Bloomberg. It would also help shore up the chipmaker’s finances at a time when Intel has been slashing jobs as part of a wider cost-cutting drive. Continue reading...

Politics

3 w. ago Trump softens stance on Intel boss after demanding resignation

Lip-Bu Tan to offer ‘suggestions’ on how government can work with group as it struggles with chip manufacturing

Politics

3 w. ago Trump's planned 100% computer chip tariff sparks confusion among businesses and trading partners

President Donald Trump's plan for 100% tariffs on non-U.S. computer chips is causing confusion among businesses and trading partners

Politics

3 w. ago Tech giant's stock plummets after Trump demands CEO resigns over China links

Once America's crown jewel tech company, a struggling producer has drawn the ire of the President.

Politics

3 w. ago Trump's top intel official believes aliens exist and will share 'truth' with Americans

Tulsi Gabbard revealed that she believes aliens exist as she toed the line between sharing her own opinions and avoiding revealing U.S. intelligence.

Politics