Lutnick just laughed it off, indignantly pointing out that “we were just giving away the money” under the previous terms of ...

The Trump administration is considering a plan to reallocate at least $2 billion from the CHIPS Act to fund critical minerals ...

U.S. Commerce Secretary Howard Lutnick is looking into the federal government taking equity stakes in computer chip ...

The potential deal would convert the CHIPS ACT grants into equity, but wouldn't come with governance rights in Intel, Lutnick ...

Commerce Secretary Howard Lutnick told CNBC the U.S. government wants a stake in Intel in exchange for CHIPS Act grant money ...

The move by the U.S. could open the door for similar deals with other chipmakers that received grants under the Chips Act ...

In an unprecedented move to foster national semiconductor production, the U.S. government has attained a 10% equity stake in ...

The Trump administration is weighing a controversial plan to reallocate at least $2 billion from the CHIPS Act to fund critical minerals projects, according to two sources familiar with the matter, ...

Commerce Secretary Howard Lutnick on Tuesday confirmed that the government wants Intel to cough up a 10% equity stake in ...

US Commerce Secretary Howard Lutnick says Trump wants a 'good return' for American taxpayers. Subsidies under the CHIPS Act ...

Owning the Means of Production The Trump administration’s push for a 10% equity stake in Intel (NASDAQ:INTC), leveraging ...

Lutnick said the agreement is beneficial to both parties but no details on the arrangement have been released so far.