President Donald Trump says the US government is taking a 10 percent stake in chip maker Intel. Trump shared the news during a press conference on Friday, though an official announcement is still forthcoming, Reuters reports. News of a plan to convert Intel's previously promised CHIPS Act funding into equity in the company was first reported earlier in August.<br /> A meeting between Intel CEO Lip-Bu Tan and Trump following the President's call for Tan to resign seems to be the source of the deal. "He walked in wanting to keep his job and he ended up giving us 10 billion dollars for the United States. So we picked up 10 billion," Trump shared during the press conference. <br /> Intel later announced more details on the investment. The company said in a pres [...]
After all the new Pixel 10 phones — expect to hear our review verdicts soon — we had time to take a closer look at the AI-centric software features Google often excels at. These include advances i [...]
SOPA Images via Getty Images<br /> CES 2026 is off and running, and chipmakers enabling the AI moment are one of the big starts of the show. In addition to NVIDIA and AMD taking the stage today, [...]
Intel is selling off its majority share in chip-maker Altera as part of its new CEO's first steps toward stabilizing the company. The 51 percent stake sold today for $4.46 billion in a deal that [...]