Intel shares jumped on Tuesday as investors responded to signals the Trump administration may throw the company’s troubled foundry business a lifeline.

SoftBank announces its intention to purchase up to $2 billion worth of Intel common shares, investment into advanced ...

The investment will make SoftBank Intel’s fifth biggest investor, with the conglomerate paying $23 per share of Intel common ...

A 10% stake was reportedly under consideration in return for grants pledged under former president Joe Biden’s administration ...

Major U.S. equities indexes were mixed Tuesday as tech sector losses weighed on their performance. The S&P 500 ended the ...

In its latest push into A.I. and semiconductors, SoftBank yesterday (Aug. 18) announced a $2 billion investment in Intel. The ...

U.S. Commerce Secretary Howard Lutnick on Tuesday confirmed the U.S. government is vying for a 10% stake in Silicon Valley ...

The Trump administration has also been in talks that would see the U.S. acquire a 10% stake in Intel, Bloomberg reported on Monday. On Tuesday, Commerce Secretary Howard Lutnick said on CNBC that ...

Intel is getting a $2 billion lifeline from SoftBank and could get more from the Trump administration. But that might not be ...