The Silicon Valley chipmaker’s journey from icon to a government project, with the sale of a 10 percent stake to the Trump administration, underlines how even the mightiest in tech can fall.

The U.S. government is making an $8.9 billion investment in Intel common stock, a move the chip maker says reflects confidence in the firm to 'advance key national priorities' and expand domestic chip making.

U.S. President Donald Trump is injecting nearly $9 billion into Intel in exchange for a 9.9% equity stake. But the money - which the struggling chipmaker was slated to receive anyway under a federal funding act - will not be enough for its contract-chipmaking business to flourish,

The US government takes a 9.9% stake in Intel with an $8.9B investment, but analysts warn funding alone may not save its struggling foundry business amid yield challenges and weak customer demand.

The Trump administration is aiming to take an equity stake in Intel, according to US commerce secretary Howard Lutnick. Experts say the unconventional deal could backfire.

CHENNAI: The US government has acquired a 10 percent stake in chip maker Intel as part of President Donald Trump’s new approach to the nation’s chip strategy. The deal, valued at around 11 billion dollars,

Watchdog groups say Intel facilities, data centers being built in Licking County could expose public to chemicals and gases that aren’t being revealed.

Commerce Secretary Howard Lutnick told CNBC the U.S. government wants a stake in Intel in exchange for CHIPS Act grant money promised under Biden.