In a just-breaking development, Bloomberg reports the Trump administration may take a 10% stake in Intel ( INTC -3.71%) -- which perversely is down 3.9% on the news, at least as of 12:35 p.m. ET. Probably not the reaction that either the Trump administration or Intel itself anticipated.

Intel shares are trading marginally lower Monday. The stock is digesting significant gains fueled by reports that the Trump administration is exploring a direct financial stake.

Bloomberg journalists discuss today's biggest winners and losers in the stock market. Listen for analysis on the companies making news on Wall Street.

Intel Corp. (INTC) stock surged nearly 5.5% in extended trading on Monday after the struggling chipmaker announced that the company struck a deal with Masayoshi Son-led SoftBank (SFTBY) regarding a $2 billion strategic investment.

Shares of Intel (INTC) were on track to snap six days of gains, as the stock fell more than 2.7% to $23.92 in Monday afternoon trade.

Intel shares surged after-hours following reports of a potential Trump administration investment to revive its Ohio chip factory, as analysts weigh both the strategic boost and risks amid executive challenges and competitive pressures.

The U.S. stock market ended Monday’s session nearly flat as traders awaited the retail earnings deluge and some key economic data. The S&P 500 Index languished below the unchanged line for much of the session before ending down marginally.

The last year hasn’t been anything short of a rollercoaster ride for Intel (INTC). It has been a soap opera of sorts, oscillating between horror and suspense for investors. The most recent addition to the saga is a report that the U.