Commerce Secretary Howard Lutnick told CNBC the U.S. government wants a stake in Intel in exchange for CHIPS Act grant money ...

Administration isn’t eyeing equity in semiconductor companies that are increasing U.S. investment like TSMC and Micron, but ...

The Commerce Department oversees the $52.7 billion CHIPS Act, formally known as the CHIPS and Science Act. The act, signed ...

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 ...

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

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

Unlike Intel, TSMC will reportedly not have to give up any equity to the US government after receiving funds under the CHIPs Act.

Owning the Means of Production The Trump administration’s push for a 10% equity stake in Intel (NASDAQ:INTC), leveraging ...

Intel stock was down 3.9% after Bloomberg reported that the Trump administration could convert Chips Act grants into a 10% ...

President Donald Trump is looking to increase the federal government's stake in chip manufacturers that receive funding from ...