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Commerce Secretary Howard Lutnick told CNBC the U.S. government wants a stake in Intel in exchange for CHIPS Act grant money ...
The deal is among the largest government interventions in a U.S. company since the rescue of the auto industry after the 2008 ...
Intel is expected to receive about $10 billion in CHIPS Act grants from the government to help fund the building of chip ...
The Trump administration is aiming to take an equity stake in Intel, according to US commerce secretary Howard Lutnick.
The Silicon Valley chipmaker’s journey from icon to a government project, with the sale of a 10 percent stake to the Trump ...
U.S. Commerce Secretary Howard Lutnick is looking into the federal government taking equity stakes in computer chip ...
President Donald Trump says the US government is taking a 10 percent stake in chip maker Intel. Trump shared the news during ...
The Trump administration is reportedly discussing a deal to take a 10% stake in Intel, which could potentially leverage CHIPS ...
Intel noted in a recent filing that it had already received $2.2 billion under the CHIPS Act, with a further $850 million in reimbursements requested but not yet disbursed.