Treasury Secretary Scott Bessent said the White House wouldn't try to flex its power with a stake in Intel.

Commerce Secretary Howard Lutnick confirmed discussions between the US and Intel Corp. for the government to take a stake in ...

SoftBank will invest $2 billion into Intel as the struggling chipmaker pulls back on spending and lays off thousands of ...

U.S. Commerce Secretary Howard Lutnick said on Tuesday the government wanted an equity stake in Intel in exchange for cash ...

Treasury Secretary Scott Bessent and Commerce Secretary Howard Lutnick confirmed on Tuesday that the US government is ...

The U.S. government aims to take an equity stake in Intel, Commerce Secretary Howard Lutnick said Tuesday morning.“We should ...

A $2 billion investment represents a roughly 2% stake, ranking SoftBank the fifth-largest shareholder of Intel, while a ...

The announcement coincided with unconfirmed reports that President Donald Trump is considering having the U.S. government buy ...

The government’s plan is under consideration just as SoftBank Group Corp. announced a surprise bet on Intel’s revival, ...

Intel is getting a $2 billion lifeline from Japan's SoftBank, the companies announced Monday after signing a definitive ...

Intel is getting a $2 billion investment in common stock from SoftBank, which is betting big on the AI revolution.

Intel shares have jumped after Japanese technology investment giant Softbank said it is buying a $2bn (£1.5bn) stake in the ...