The US government has acquired a 10% stake in Intel for $8.9 billion, funded through CHIPS Act grants and the Secure Enclave program. This move, celeb

Under the agreement, Washington will receive 433.3 million Intel shares, equal to 9.9% of the company’s stock. The $8.9 billion deal will be funded through outstanding grants from the Chips and Science Act and the Secure Enclave program,

Defense Secretary Pete Hegseth has fired a general whose agency’s initial intelligence assessment of U.S. damage to Iran nuclear sites angered President Donald Trump.

President Donald Trump on Friday morning took a surprise trip to "The People's House" -- a museum about the White House and its inhabitants. Trump took reporter questions after the tour on the FBI search of John Bolton's house, the Russia-Ukraine war, the federal takeover of Washington and more.

Trump has a newfound taste for state involvement in the private sector. It’s a palette Sanders has long enjoyed.

The White House is pushing for a stake in embattled chipmaker Intel after making deals with Nvidia and AMD to sell chips to China for a 15% cut.

President Donald Trump’s White House wants a slice of Intel’s pie in exchange for CHIPS Act grants that had already been approved by former President Joe Biden. And conservative radio host and pundit Erick Erickson is furious about it.

US commerce secretary Howard Lutnick is looking into the White House taking equity stakes in Intel and other chipmakers in exchange for grants under the Chips Act, which aims to spur factory-building in the US,