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BIG NEWS: The United States of America now owns 10% of Intel, one of our great American technology companies. This historic agreement strengthens U.S. leadership in semiconductors, which will both grow our economy and help secure America’s technological edge. Thanks to Intel CEO Lip-Bu Tan for striking a deal that’s fair to Intel and fair to the American People.

SoftBank will invest $2 billion into Intel as the struggling chipmaker pulls back on spending and lays off thousands of workers. In an announcement, SoftBank CEO Masayoshi Son said the investment aligns with the firm’s belief that “advanced semiconductor manufacturing and supply will further expand in the United States.” SoftBank’s investment in Intel makes it the sixth-largest shareholder, according to The Wall Street Journal. Last year, the Japanese investing firm committed to spending $100 billion in the US during President Donald Trump’s four years in office. SoftBank has already teamed up with OpenAI on Project Stargate, a $500 billion initiative...

The Trump administration has launched their own 'Manhattan Project' as reports have suggested one of America's largest chipmakers could be partly nationalized. Intel, the largest chip fabricator in the US, has been in talks with Donald Trump over a potential government stake in the company. While the percentage stake the government is asking for has not been made public, nationalizing a company is typically reserved for national emergencies. The government nationalized a number of banks after the 2008 financial crisis and key logistics companies during World War II. It comes amid concerns that America relies too heavily on TSCM, a...

Intel shares rose 7% on Thursday after Bloomberg reported that the Trump administration is in talks with the chipmaker to have the U.S. government take a stake in the struggling company. Intel is the only U.S. company with the capability to manufacture the fastest chips on U.S. shores, although rivals including Taiwan Semiconductor Manufacturing Company and Samsung also have U.S. factories. President Donald Trump has called for more chips and high technology to be manufactured in the U.S. The government’s stake would help fund factories that Intel is currently building in Ohio, according to the report. Earlier this week, Intel...

---SNIP--- It’s decline began some 20 years ago, when the company made multiple acquisitions, many of which were in telecommunications and wireless technology. In concept, that made great sense. But acquiring businesses is a skill of its own, and David Yoffie, a Harvard Business School professor who was on Intel’s board of directors at the time, told Fortune “100% of those acquisitions failed. We spent $12 billion, and the return was zero or negative.” Intel also tried unsuccessfully to grasp the mammoth cell phone opportunity. The company understood the opportunity and was supplying chips for the highly popular BlackBerry phone....

* Donald Trump called on Intel CEO Lip-Bu Tan to resign over China-linked investments. * Tan told employees he's staying and operating with the "highest legal and ethical standards." * Intel stock fell 3% as political pressure mounted over Tan's past business ties. Intel CEO Lip-Bu Tan directly addressed employees on Thursday after Donald Trump demanded his resignation over national security concerns, saying he has the full support of the board. In a companywide email, published on Intel's blog Thursday, Tan defended his integrity and reaffirmed his commitment to leading the largest US chipmaker through a critical transformation. "The United...

The appointment of Lip‑Bu Tan as Intel’s CEO has prompted U.S. Senator Tom Cotton to scrutinize his past business ties to Chinese tech firms—and whether those connections threaten Intel’s role in American defense-linked supply chains. Intel is actively involved in the federal Secure Enclave initiative, which aims to secure microelectronics for U.S. defense use, and holds a roughly $3 billion contract with the Department of Defense. Cotton’s letter asks whether Tan’s investment history could compromise Intel’s obligations under such programs. A Reuters investigation in April revealed that Tan invested at least $200 million in over 600 Chinese firms through his...

Summary Trump says CEO of Intel is highly "conflicted" and must resign Trump's demand marks rare presidential intervention in corporate leadership Reuters in April exclusively reported on Tan's Chinese investments Intel shares close down 3% Aug 7 (Reuters) - U.S. President Donald Trump on Thursday demanded the immediate resignation of new Intel CEO Lip-Bu Tan, calling him "highly conflicted" due to his ties to Chinese firms and raising doubts about plans to turn around the struggling American chip icon.Reuters reported exclusively in April that Tan invested at least $200 million in hundreds of Chinese advanced manufacturing and chip firms, some...

New CEO Lip-Bu Tan is streamlining Intel’s operations and reducing spending in response to a sharp downturn in sales and technological setbacks that rendered Intel an also-ran in an industry it helped invent. Intel had been firing workers all last week but then Friday evening came word the company plans to lay off nearly 2,400 Oregon workers. Intel’s position in the industry has slumped badly. The company’s market value is around $100 billion, about half what it was just 18 months ago. Nevertheless, the company is hugely important to Oregon as one of its largest private employers. Across the U.S.,...

FORT BELVOIR, Va. (AP) -- Letitia A. Long became the first woman director of a major U.S. intelligence agency Monday, taking her post as chief of the National Geospatial-Intelligence Agency at a ceremony at the agency's half-built, high-tech campus in Springfield, Va....

Now that Pat Gelsinger is no longer occupying the corner office at embattled chipmaker Intel (INTC), he can acknowledge one thing about the semiconductor industry.Nvidia (NVDA) has a wide, wide lead over its rivals on the tech front..."They have built meaningful moats around their franchise," he added.Gelsinger led aggressive efforts to turn around Intel for more than three years. He slashed thousands of jobs, improved costs, secured CHIPS Act funding, built chip foundries, and promised fast AI chips that could compete with Nvidia and AMD (AMD).He was fired in early December amid missed financial targets, lack of progress on the...

WASHINGTON, March 27 (Reuters) - The Trump administration has directed two intelligence agencies to train their satellite surveillance capabilities on the U.S.-Mexico border region as part of a sweeping crackdown on illegal immigration and drug cartels. The National Geospatial-Intelligence Agency (NGA) and the National Reconnaissance Office (NRO), which are part of the Department of Defense, oversee spy satellites and analyze imagery for the Pentagon and other intelligence organizations. Their engagement, coupled with troop deployments, shows increasing militarization of the southern border, where President Donald Trump has declared a national emergency. Reuters could not determine whether the effort, which has not...

A leak of sensitive Israeli intelligence, shared in a chat group of senior US officials, has raised significant concerns about the security of classified information and the potential impact on intelligence-sharing relationships. Citing two US officials, The Wall Street Journal reported that the chat, which was inadvertently disclosed to The Atlantic magazine, involved US National Security Adviser Mike Waltz sharing details about an Israeli intelligence source that helped identify a Houthi missile expert targeted in a US strike in Yemen. The Israeli government has since expressed concerns about the public exposure of their involvement in the operation. The leaked messages,...

Chip designers Nvidia and Broadcom are running manufacturing tests with Intel, two sources familiar with the matter told Reuters... indicate the companies are moving closer to determining whether they will commit hundreds of millions of dollars' worth of manufacturing contracts to Intel...Advanced Micro Devices is also evaluating whether Intel's 18A manufacturing process is suitable for its needs but it was unclear if it had sent test chips through the factory...The success of Intel's contract manufacturing business, or foundry, was the centerpiece of former CEO Pat Gelsinger's plan to revive the once iconic American technology company. But the board fired Gelsinger...

In a dedicated X article, Raja Koduri, who is said to be one of the brains behind Intel's graphics division, has given us a rundown of the actual problems within the organization, detailing organizational flaws and much more. "You don't learn when you don't ship." "The spreadsheet & powerpoint snakes – bureaucratic processes that dominate corporate decision-making – often fail to grasp the true cost of surrendering performance leadership. They optimize for minimizing quarterly losses while missing the bigger picture. A climate of fear surrounds any attempt at skunkworks initiatives outside established processes – one misstep, and the bureaucratic snakes...

Gelsinger took to X on Monday to suggest that the market's assumptions were wrong. He said that instead of reducing demand, making computing "dramatically cheaper" and more efficient to use — as DeepSeek appears to have done — "will expand the market for it." The former Intel boss, who retired from the company in December after struggling to capitalize on the AI boom, also suggested that the Chinese engineers at DeepSeek "had limited resources, and they had to find creative solutions" to squeeze performance out of their models. The AI industry has insisted that models become smarter when powered with...

There are rumors that Intel and TSMC might team up to produce chips, and this news has stirred strong reactions from experts, industry insiders, politicians -- and, naturally, Intel employees, too. For example, one Intel engineer, Joseph Bonetti, posted on LinkedIn (though he later deleted his post) that Intel is about to reclaim its leadership in chip-making and win over more customers. He warned that giving TSMC control over Intel's manufacturing would be a big mistake.Intel is also leading in another area by using advanced machines from ASML -- a toolset with which only Intel has experience [sic]. Although Intel's...

Shares of Intel (INTC) jumped on Tuesday morning, the first day of trading since new reports emerged over the weekend that the chipmaker is the center of acquisition talks once again. Chip designer Broadcom (AVGO) and Taiwan Semiconductor Manufacturing Company (TSM), the biggest chipmaker in the world, are each in the early stages of considering bids that could see the American chipmaker be broken up, the Wall Street Journal reported over the weekend citing people familiar with the matter.

Rumors are swirling about a possible takeover of Intel. Nothing has been inked, but Broadcom and Taiwan Semiconductor Manufacturing Company (TSMC) both are in the early stages of proposing potential deals, according to The Wall Street Journal. Broadcom could potentially seek a deal for Intel’s chip design assets, while TSMC eyes its manufacturing capabilities.Intel interim executive chairman allegedly met with buyers, government Broadcom and TSMC are not officially working together, and any plans either company has for deals with Intel are in preliminary stages, The Wall Street Journal said. However, Intel’s Interim Executive Chairman Frank Yeary has allegedly met with...

Broadcom and Taiwan Semiconductor Manufacturing Co. are reportedly weighing plans to bid for Intel that would result in the storied chipmaker breaking up.According to The Wall Street Journal in a report Saturday, Broadcom has been looking into Intel’s chip-design and marketing business and and has “informally discussed” a bid with its advisers if it finds a partner for Intel’s chip-making operations.The report said TSMC has examined taking over some or all of Intel’s chip plants, meanwhile, as part of an investor consortium or another structure.