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China, NVIDIA and Howard Lutnick

Howard Lutnick’s ‘insulting’ remarks about Nvidia’s H20 chips irk China: report

Chinese officials are peeved over Commerce Secretary Howard Lutnick's "insulting" remarks about Nvidia's H20 computer chip -- and are now pressuring domestic firms not to buy it, according to a report Thursday.

Engadget on MSN · 16h

China reportedly discouraged purchase of NVIDIA AI chips due to 'insulting' Lutnick statements

Chinese regulators reportedly dissuaded local companies from purchasing NVIDIA's H20 chips, because they found certain statements by US commerce secretary Howard Lutnick "insulting."

The Financial Times · 22h

China turns against Nvidia’s AI chip after ‘insulting’ Howard Lutnick remarks

Beijing’s move to restrict sales of Nvidia’s China-specific artificial intelligence processor was prompted by remarks from US commerce secretary Howard Lutnick about chip exports that officials found “insulting”.

Intel, Trump and Howard Lutnick

Benzinga on MSN · 1d

Trump Admin To Turn Intel's CHIPS Act Grants Into Equity, Says Howard Lutnick: 'Why Are We Giving A Company Worth $100 Billion, This Kind of Money?'

Commerce Secretary Howard Lutnick said the Trump administration plans to convert federal funding pledged to Intel Corp. INTC under the CHIPS Act into an equity stake, arguing that taxpayers deserve a return instead of providing “giveaways to rich companies.

The Boston Globe · 6h

Trump administration vying to own a big stake in Intel after SoftBank’s $2 billion bet on company

The unusual deal would deepen the Trump administration’s financial ties with major computer chip manufacturers and punctuate a dramatic about-face from the president’s recent push to oust the company’s CEO.

Yahoo Finance · 2d

Lutnick says U.S. wants Intel stake for chip grant funding

The move by the U.S. could open the door for similar deals with other chipmakers that received grants under the Chips Act

Mediaite8h

‘This is Socialism!’ Conservative Radio Host Slams Trump Admin For Wanting Stake In Private Company

"This is a horrible precedent. This is socialism. All of you people were freaked out about Mamdani in New York City" ...

3hon MSN

Trump administration is not eyeing equity in TSMC, Micron, official says

The Trump administration is considering taking equity stakes in companies getting funds from the 2022 CHIPS Act but has no ...

2don MSN

Commerce Secretary Lutnick says Intel needs to give government stake for CHIPS funding

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

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 ...

5hon MSN

Trump weighs using $2.58 billion in Chips Act funding for critical minerals, sources say

It is also to boost Commerce Secretary Howard Lutnick’s influence over the strategic sector. Read more at straitstimes.com.

1mon

Commerce Secretary Lutnick says next two weeks will be "for the record books" as Trump presses for tariff deals

Commerce Secretary Howard Lutnick expressed confidence Sunday that the Trump administration will cut trade deals with key U.S. trading partners in the coming weeks — before steep tariffs kick in for ...

Slingshot News on MSN1d

'No One's Explained It To You': Trump Sec. Howard Lutnick Talks Down To Senator, Tries To Educate Him For Asking The 'Wrong' Questions In Hearing

During a budget hearing held by the Senate Appropriations Committee several weeks ago, Commerce Secretary Howard Lutnick ...

1don MSN

Chip Stocks Fall 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 ...

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