The investment is expected to address the budget constraints surrounding the creation and research of powerful AI models.

Shares of Intel ( INTC 3.73%) are soaring this week, up 24.1% as of 3:13 p.m. ET. The spike comes as the S&P 500 ( ^GSPC ...

Previous to Trump’s statement, four former directors of Intel published a commentary exclusive to Fortune, saying the company ...

In a potentially dramatic shift for corporate America and U.S. industrial policy, the Trump administration is actively ...

Intel's stock climbed Friday, while other chip stocks slid after President Trump told reporters semiconductor tariffs could ...

Shares of Intel are up in early morning trading on the heels of a report that the U.S. government is considering taking a ...

Intel stock popped on Friday on a report the US government could take a stake in the ailing chip company.

The Trump administration may buy a stake in the $100 bln chipmaker. Cash can stabilize investment plans, but boss Lip-Bu Tan ...

The deal talks follow President Trump’s public call for the replacement of CEO Lip-Bu Tan over his ties to Chinese businesses.

Intel shares rose nearly 4% on Friday on hopes of more financial aid for the turnaround of the struggling chipmaker after a ...

Intel stock is up 7% after Bloomberg reported President Donald Trump’s administration is considering having the federal ...

Despite the rocky relationship between President Donald Trump and CEO Lip-Bu Tan, the government is reportedly eyeing a stake ...