The U.S. government is taking a 10 percent stake in Intel in exchange for $5.7 billion in grants previously awarded, but not yet paid, to Intel under the U.S. CHIPS and Science Act and $3.2 billion awarded to the company as part of the Secure Enclave program. Intel had already received $2.2 billion from those funds, bringing the U.S. investment to $11.1 billion. However, the company’s mounting losses — $2.9 billion in Q2, a 57 percent increase over Q2 2024’s $1.61 billion loss — made it questionable as to whether the company could continue to fulfill terms for the funding without intervention. The Intel agreement marks the largest U.S. government equity deal for an individual tech firm. Continue reading U.S. Is Taking 10 Percent Intel Stake in Equity for Grants Deal

Consumer confidence in the Internet of Things can be easily rattled by reports of compromised privacy, such as when researchers found that some baby monitors had been turned into surveillance devices. The SoftBank Group-owned U.K. chip manufacturer ARM, however, has introduced a potential solution: a security framework for IoT devices from home appliances and children’s toys to vehicles and streetlights. Up until now, the many IoT manufacturers haven’t agreed on a single security standard, something ARM hopes to remedy. Continue reading ARM Proposes Security Framework Standard for IoT Devices