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

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

U.S. Commerce Secretary Howard Lutnick is looking into the federal government taking equity stakes in computer chip ...

Asked about reports that the U.S. was considering taking a 10% stake in Intel, Bessent told CNBC's "Squawk Box" program: "The ...

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

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

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

Howard Lutnick said the Trump administration plans to convert federal funding pledged to Intel under the CHIPS Act into an ...

The Trump administration is considering a plan to reallocate at least $2 billion from the CHIPS Act to fund critical minerals ...

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

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