Former Vice President Mike Pence expressed concerns about the US government taking an equity stake in Intel Corp. and a cut ...

Target names a new CEO and posts quarterly earnings that beat analysts’ forecasts, while Palantir extends losses into a sixth ...

Bloomberg journalists discuss today's biggest winners and losers in the stock market. Listen for analysis on the companies ...

The Silicon Valley chipmaker’s journey from icon to a government project, with the sale of a 10 percent stake to the Trump ...

The deal is among the largest government interventions in a U.S. company since the rescue of the auto industry after the 2008 ...

Speaking with reporters on Friday, President Trump said the deal came out of a meeting last week with Intel CEO Lip Bu Tan.

President Donald Trump said the the Intel “deal” would give the U.S. government a roughly 10 percent share in the company, or ...

President Donald Trump on Friday announced the U.S. government has secured a 10% stake in struggling Silicon Valley pioneer ...

President Donald Trump said on Friday the U.S. would take a 10% stake in Intel under a deal with the struggling chipmaker ...

WASHINGTON -- President Donald Trump said that Intel has agreed to give the U.S. government a 10% stake in its business.

The Silicon Valley tech giant, which has a new leader, has lagged behind its rivals during the AI boom and is slashing costs.