Rate cut hopes gained steam on another strong day on Wall Street, but inflation data and weekly jobless claims could swing sentiment.

Wall Street is retreating from its record heights after a disappointing report said inflation was worse last month at the U.S. wholesale level than economists expected. The S&P 500 fell 0.4% in early trading Thursday.

As Intel’s stock heads for its biggest weekly gain in 50 years, analysts wonder if the U.S. government can really help the company fix its technological issues.

Despite the rocky relationship between President Trump and CEO Lip-Bu Tan, the government is reportedly eyeing a stake in the chip manufacturer. Intel might be going into business with an unlikely partner: the U.

A potential deal with the Trump administration is shaping up to be a saving grace for Intel (INTC), which saw its shares climb Friday while other semiconductor stocks slid. President Trump told a group of reporters aboard Air Force One Friday morning that he could put tariffs on imported chips as soon as next week.