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Lutnick just laughed it off, indignantly pointing out that “we were just giving away the money” under the previous terms of ...
The Trump administration is aiming to take an equity stake in Intel, according to US commerce secretary Howard Lutnick.
Lutnick said the agreement is beneficial to both parties but no details on the arrangement have been released so far.
The S&P 500, Nasdaq Composite, and Dow Jones Industrial Average have gone for a wild ride since President Trump took office.
President Donald Trump says the US government is taking a 10 percent stake in chip maker Intel. Trump shared the news during ...
Commerce Secretary Howard Lutnick told CNBC the U.S. government wants a stake in Intel in exchange for CHIPS Act grant money ...
Micron, TSMC, and more have also been awarded billions in subisidies The US government is considering taking a stake in Intel ...
U.S. Commerce Secretary Howard Lutnick is weighing whether the federal government should take equity stakes in semiconductor ...