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Howard Lutnick Calls CHIPS Act a ‘Giveaway to Rich Companies’ Like Intel
Lutnick just laughed it off, indignantly pointing out that “we were just giving away the money” under the previous terms of the CHIPS Act. But the legality of any equity stake would likely be challenged by both Intel shareholders and competitors in the industry, according to the Times.
After the Trump administration confirmed a rumor that the US is planning to buy a 10 percent stake in Intel, US Senator ...
Commerce Secretary Howard Lutnick told CNBC the U.S. government wants a stake in Intel in exchange for CHIPS Act grant money ...
U.S. Commerce Secretary Howard Lutnick is looking into the government taking equity stakes in Intel and other chipmakers in ...
President Donald Trump is looking to increase the federal government's stake in chip manufacturers that receive funding from ...
10hon MSN
New Chip Deals Are Starting to Look More Sticks Than Carrots. What That Means for Chipmakers
Though the Trump administration appears to have made inroads with embattled chipmaker Intel, Wall Street analysts suggested ...
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