U.S. President Donald Trump is injecting nearly $9 billion into Intel in exchange for a 9.9% equity stake. But the money - which the struggling chipmaker was slated to receive anyway under a federal funding act - will not be enough for its contract-chipmaking business to flourish,

The U.S. government is making an $8.9 billion investment in Intel common stock, a move the chip maker says reflects confidence in the firm to 'advance key national priorities' and expand domestic chip making.

President Donald Trump on Friday morning took a surprise trip to "The People's House" -- a museum about the White House and its inhabitants. Earlier Friday, federal agents were se

The president is demanding government stakes in U.S. companies and cuts of their revenue. Experts see some similarities to state-managed capitalism in other parts of the world.

The back-to-back news items signal a public and private sector commitment to domestic semiconductor production and underscore Intel's importance.

Liberal U.S. Senator Bernie Sanders on Wednesday threw his support behind President Donald Trump's plan to convert U.S. grants to chipmakers, including $10.9 billion for Intel, into government stakes in the companies.

Sen. Rand Paul and conservative commentator Erick Erickson expressed concerns about the Intel idea, the pair describing it as "socialism."

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