U.S. President Donald Trump's $9 billion investment in Intel may not be the game-changer the struggling chipmaker needs.

The US government has taken a 9.9 percent stake in beleaguered chipmaker and designer Intel.

Days after calling for Intel CEO Lip-Bu Tan to step down, President Donald Trump announced that the U.S. government will buy a 9.9% stake in the struggling chipmaker. The $8.9 billion purchase will be ...

Intel stated that the US federal government was taking a passive ownership stake and would not seek a board seat.