howard lutnick intel - Search News

News

Intel, Howard Lutnick and CHIPS

New York Post on MSN · 5d

Commerce Secretary Lutnick says Intel needs to give government stake for CHIPS funding

Commerce Secretary Howard Lutnick on Tuesday confirmed that the government wants Intel to cough up a 10% equity stake in exchange for nearly $8 billion in CHIPS Act funding approved by the Biden administration. Lutnick said the the stake would be a return on its “investment” in the struggling chipmaker.

Bloomberg on MSN · 5d

Lutnick Confirms US Seeks Intel Stake, Says No Governance Rights

Commerce Secretary Howard Lutnick confirmed discussions between the US and Intel Corp. for the government to take a stake in the chipmaker, casting the plan as a bid to convert Chips and Science Act grants into equity.

Yahoo Finance · 5d

Lutnick says U.S. wants Intel stake for chip grant funding

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

3d

Trump Is Betting Big on Intel. Will the Chips Fall His Way?

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

3d

Trump administration vying to own a big stake in Intel after SoftBank’s $2 billion bet on company

The unusual deal would deepen the Trump administration’s financial ties with major computer chip manufacturers and punctuate ...

2d

U.S. Government Now ‘Controls’ 10% of Intel, Trump Says

“BIG NEWS: The United States of America now owns 10% of Intel, one of our great American technology companies. This historic ...

1don MSNOpinion

The Donald Trump Administration Is Pondering Equity Stakes in Intel, TSMC, Micron, and Samsung -- and It Sets a Dangerous Precedent

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

Just The News2d

Commerce Sec Howard Lutnick signals Intel deal has been completed: US 'now owns 10%' of company

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

5d

Howard Lutnick Calls CHIPS Act a ‘Giveaway to Rich Companies’ Like Intel

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

2don MSN

U.S. owns 10% of Intel, says Commerce Secretary Howard Lutnick

CNBC's Eamon Javers reports on U.S. Commerce Secretary Howard Lutnick's announcement that the United States government now ...

3don MSN

‘Socialism’: Trump faces right-wing attacks over Intel proposal

Conservative radio host Erick Erickson called the equity stake plan “terrible” and said it was “actual socialism happening by ...

Some results have been hidden because they may be inaccessible to you

Show inaccessible results