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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 ...
U.S. Commerce Secretary Howard Lutnick is looking into the federal government taking equity stakes in computer chip ...
The Commerce Department oversees the $52.7 billion CHIPS Act, formally known as the CHIPS and Science Act. The act, signed ...
In an unprecedented move to foster national semiconductor production, the U.S. government has attained a 10% equity stake in ...
The Trump administration has floated plans to reallocate $2 billion in CHIPS and Science Act funding to support critical ...
Lutnick just laughed it off, indignantly pointing out that “we were just giving away the money” under the previous terms of ...
Intel's statement followed remarks from Trump that Washington would gain a direct stake in the chipmaker under a new ...