Just five months into his tenure as chief executive of Intel, Tan was already fighting for his job. A few days earlier, ...

Asian share markets rose on Monday as investors gave a cautious welcome to the likely resumption of U.S. interest rate cuts, ...

A glimpse of a shadow of a suggestion that the Fed might start lowering interest rates again was enough to send U.S. stocks ...

SYDNEY (Reuters) -Asian share markets rallied on Monday as investors celebrated the likely resumption of interest rate cuts ...

Intel’s shares closed up 5.5% last Friday on news of the government’s equity stake, but fell 1% in post-market trading after ...

The stake will be funded by the $5.7 billion in unpaid Chips Act grants and the $3.2 billion award from the Secure Enclave ...

The U.S. government acquired a 10% stake in Intel, converting previously awarded grants into equity, a move hailed by ...

“Under the terms of the agreement, $8.9 billion in grants that had been awarded to Intel from the 2022 CHIPS Act, but not yet ...

Banks screamed to new all-time highs, crypto rode the liquidity wave, and suddenly the tape looked like Powell had handed out ...

The Chips Act wasn’t about raising revenue, and an equity share wouldn’t enhance national security.

WASHINGTON (AP) — President Donald Trump on Friday announced the U.S. government has secured a 10% stake in struggling ...