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CNBC's Eamon Javers reports on U.S. Commerce Secretary Howard Lutnick's announcement that the United States government now ...
Lutnick said the agreement is beneficial to both parties but no details on the arrangement have been released so far.
President Trump said Friday that Intel has agreed to give the U.S. government a 10 percent stake in the company. “They’ve ...
Commerce Secretary Howard Lutnick on Tuesday confirmed that the government wants Intel to cough up a 10% equity stake in ...
Lutnick just laughed it off, indignantly pointing out that “we were just giving away the money” under the previous terms of ...
The U.S. government aims to take an equity stake in Intel, Commerce Secretary Howard Lutnick said Tuesday morning.“We should ...
The move by the U.S. could open the door for similar deals with other chipmakers that received grants under the Chips Act ...
Commerce Secretary Howard Lutnick confirmed discussions between the US and Intel Corp. for the government to take a stake in ...
"This is a horrible precedent. This is socialism. All of you people were freaked out about Mamdani in New York City" ...
The Trump administration and Intel have reached an agreement for the U.S. government to own nearly 10 percent of the ...
The Trump administration is aiming to take an equity stake in Intel, according to US commerce secretary Howard Lutnick.
The unusual deal would deepen the Trump administration’s financial ties with major computer chip manufacturers and punctuate ...