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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 ...
Micron, TSMC, and more have also been awarded billions in subisidies The US government is considering taking a stake in Intel ...
Commerce Secretary Howard Lutnick said the Trump administration plans to convert federal funding pledged to Intel Corp. INTC ...
Market talk may be of fiscal dominance in the U.S. debt market but Washington's startling moves to take a direct stake in its leading chipmakers look like industrial policy on overdrive - alarming ...
Lutnick just laughed it off, indignantly pointing out that “we were just giving away the money” under the previous terms of ...
Hoping to bolster Intel’s $28 billion project in central Ohio, President Donald Trump’s administration is considering ...
Key Takeaways Commerce Secretary Howard Lutnick said the Trump administration is exploring how the U.S. could receive equity stakes in semiconductor companies with CHIPS Act grants.Such deals could ...
The U.S. wants to get 10% of Intel in exchange for the billions of dollars it’s giving it under the CHIPS Act.