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

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

Commerce Secretary Howard Lutnick said the Trump administration plans to convert federal funding pledged to Intel Corp. INTC ...

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 ...

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

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

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

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

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

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

President Donald Trump says the US government is taking a 10 percent stake in chip maker Intel. Trump shared the news during ...