The back-to-back news items signal a public and private sector commitment to domestic semiconductor production and underscore Intel's importance.

Shares of Intel (INTC -6.89%) have soared more than 20% so far in August. The struggling chipmaker is still facing serious issues, with market share losses to AMD piling up and a ...

Softbank claims in a recent press release that Nintendo is one of several companies who will supply parts from Intel.