At 4:00 p.m. ET (20:00 GMT), the Dow Jones Industrial Average rose 846 points or 1.9% to hit a fresh record close of 45,631.74. the S&P 500 index gained 1.6%, and the NASDAQ Composite climbed 2%.

Under the deal, the US government is committing $8.9 billion to purchase Intel stock, which would give the government a 9.9% ...

US President Donald Trump is injecting nearly $9 billion into Intel in exchange for a 9.9 percent equity stake. But the money ...

PHOENIX — President Donald Trump is getting clobbered from the left and the right for his decision to acquire a 10% stake in ...

The US investment in Intel is a rare example of the government taking a stake in a private company. INTC closed up on Friday ...

Intel Corporation (NASDAQ:INTC) shares jumped higher on Friday after President Donald Trump announced the chipmaker had agreed to a deal for the U.S. to take a nearly 10% stake in the chipmaker. The ...

It has signaled it is willing to play ball with Trump's aggressive attempts to take stakes in major tech companies.

Intel has agreed to the U.S. government taking a stake in it, President Donald Trump and the company announced Friday, ...

Fed Chair Powell's dovish Jackson Hole speech sparks a market rally, while tech dips and earnings drive individual stocks ...

Investors momentarily lost their minds on Aug. 22 when President Trump confirmed that the US government was planning to take ...

Trump’s deal would give the US government a 10% stake in Intel in exchange for federal subsidies included in the 2022 CHIPS ...

President Donald Trump's administration on Friday confirmed a massive $11.1B investment in beleaguered U.S. legacy chipmaker ...