Intel Stock News

President Donald Trump says he's looking to make more deals like the one he announced last week with Intel (INTC), with the government taking a 10% stake in the chipmaker Friday.

U.S. equities were mixed and little changed at midday as the market awaited more key corporate earnings reports this week, including from Nvidia (NVDA). The Dow Jones Industrial Average and S&P 500 fell, while the Nasdaq gained.

Intel Corp (NASDAQ:INTC, ETR:INL) shares continued to gain momentum on Monday even after the company warned that the US government's stake could pose risks to its business. On Friday, the US government acquired a 9.9% stake in Intel by investing approximately $8.9 billion, marking one of the largest federal interventions in a US company since 2008, with an option to increase its stake by anothe...

Intel warned of "adverse reactions" from investors, employees and others to the Trump administration taking a 10% stake in the company. A key concern area is international sales, with 76% of Intel's revenue in its last fiscal year coming from outside the U.S., according to an SEC filing.

U.S. President Donald Trump on Monday said he would make deals with other companies similar to the one he announced last week with Intel.

Intel (INTC) shares added to their Friday gains following word the U.S. had taken about a 10% stake in the struggling chipmaker.

US equities eased on Monday as investors took a breather following last week's rally and looked ahead to a series of key earnings and economic data. The Dow Jones Industrial Average slipped 89 points, or 0.2%, after surging to both intraday and closing records on Friday.

Intel Corporation (NASDAQ: INTC) shares were trading at $25.25 on Monday, up 3.02% on the day and more than 22% higher over the past month, after President Donald Trump declared that the United States “paid zero” for its newly acquired stake in the semiconductor giant.