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Commerce Secretary Howard Lutnick told CNBC the U.S. government wants a stake in Intel in exchange for CHIPS Act grant money ...
Commerce Secretary Howard Lutnick confirmed discussions between the US and Intel Corp. for the government to take a stake in ...
Lutnick just laughed it off, indignantly pointing out that “we were just giving away the money” under the previous terms of ...
Commerce Secretary Howard Lutnick said the Trump administration plans to convert federal funding pledged to Intel Corp. INTC ...
U.S. Commerce Secretary Howard Lutnick is looking into the government taking equity stakes in Intel and other chipmakers in ...
If you recall, yesterday we mentioned that the Trump administration was considering a 10% stake in poor old, beleaguered ...
U.S. Commerce Secretary Howard Lutnick is looking into the federal government taking equity stakes in computer chip ...
President Donald Trump is looking to increase the federal government's stake in chip manufacturers that receive funding from ...
The potential deal would convert the CHIPS ACT grants into equity, but wouldn't come with governance rights in Intel, Lutnick said.
Though the Trump administration appears to have made inroads with embattled chipmaker Intel, Wall Street analysts suggested ...
Two sources familiar with the discussions told Reuters that US Commerce Secretary Howard Lutnick has floated the idea in ...
The U.S. government is in talks to get a 10% equity stake in Intel.