What Intel needs is external customers for its 14A manufacturing process - a tough ask, at least in the short term.

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.

President Donald Trump announced that his administration will be conducting a "major tariff investigation on furniture," completed within 50 days. After that, Trump vows an undetermined tariff rate will be implemented on furniture coming into America.

The Trump administration and Intel Corp. are poised to announce details on Friday of an agreement to give the US government an equity stake in the chipmaker, people familiar with the plan say.

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

While Intel says the government is making an “$8.9 billion investment in Intel common stock,”   the administration does not appear to be committing new funds.