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

The Trump administration is aiming to take an equity stake in Intel, according to US commerce secretary Howard Lutnick.

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

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

U.S. Commerce Secretary Howard Lutnick is looking into the government taking equity stakes in Intel and other chipmakers in ...

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

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

The S&P 500, Nasdaq Composite, and Dow Jones Industrial Average have gone for a wild ride since President Trump took office.

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

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

The Trump administration may shift $2 billion from the CHIPS Act to support critical minerals projects, enhancing Commerce ...