News

Nvidia And Intel Lead Tech Stock Drop As White House Reportedly Seeks Equity For CHIPS Grants

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

Trump eyes US government stakes in other chip makers that received CHIPS Act funds, sources say

U.S. Commerce Secretary Howard Lutnick is looking into the federal government taking equity stakes in computer chip ...
The News International5h

US government acquires 10% stake in Intel in landmark CHIPS Act deal

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

Exclusive-Trump Weighs Using $2 Billion in CHIPS Act Funding for Critical Minerals, Sources Say

The Commerce Department oversees the $52.7 billion CHIPS Act, formally known as the CHIPS and Science Act. The act, signed ...

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 ...

Trump administration not seeking equity stakes in TSMC, Micron - report

The Trump administration is weighing equity stakes in some companies receiving CHIPS Act funding but does not plan to seek ...