The Latest Breaking News from Intel Corporation

The Trump administration is moving to convert billions in CHIPS Act subsidies into a 10% equity stake in Intel. The first-of-its-kind deal would make Washington the company’s largest shareholder and signal a new era of direct government ownership in Silicon Valley.

Intel's turnaround is now backed by a strategic SoftBank investment and potential U.S. government stake, making it a key national technology asset.

September S&P 500 E-Mini futures (ESU25) are trending down -0.13% this morning, continuing to drop after a tech-led selloff in the prior session, while investors await the Federal Reserve’s July meeting minutes, comments from Fed officials, and earnings reports from more retail heavyweights.

It's soon time for students to return to school, which means now is the best time to act on your plans for a new laptop for work and study.

Commerce Secretary Howard Lutnick said the Trump administration plans to convert federal funding pledged to Intel Corp. (NASDAQ:INTC) under the CHIPS Act into an equity stake, arguing that taxpayers deserve a return instead of providing “giveaways to rich companies.”

On Wednesday, SoftBank Group (OTC:SFTBF) (OTC:SFTBY) shares fell sharply in Tokyo as investors reacted to its $2 billion investment in Intel Corp (NASDAQ:INTC), with broader Asian technology stocks sliding in tandem after a U.S. market pullback led by Nvidia Corporation (NASDAQ:NVDA).

La-Z-Boy Incorporated (NYSE:LZB) shares crashed 23.55% in after-hours trading on Tuesday, falling to $29.90 from $39.11 after the furniture retailer reported disappointing first-quarter results that missed analyst expectations amid mounting operational pressures.

U.S. stock indices closed mixed on Tuesday, with the Dow Jones Industrial Average edging up 0.02% to 44,922.27. The SP 500 slipped 0.6% to 6,411.37, while the Nasdaq saw a steeper drop, tumbling nearly 1.5% to 21,314.95.These are the top stocks that gained the attention of retail traders and investors…

The White House has officially joined TikTok, launching an account with President Donald Trump declaring, "I am your voice," even as lawmakers warn the Chinese-owned app may still face a U.S. ban.