President Donald Trump said Friday that the federal government will take a 10% stake in Intel, as he prepares to meet with ...

The decision to take partial ownership would mark a stunning level of intervention in a US company, shattering norms that ...

They’ve agreed to do it and I think it’s a great deal for them,” Trump said at the White House, referring to Intel.

Intel shares surged Friday as President Trump said the struggling chipmaker agreed to allow the U.S. government to take a 10% stake.

President Trump said the government is taking a nearly 10% stake in Intel, capping a two-week frenzy in Washington over the future of the company and fueling speculation about what else might be done ...