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In an unprecedented move to foster national semiconductor production, the U.S. government has attained a 10% equity stake in ...
President Trump said Friday that Intel has agreed to give the U.S. government a 10 percent stake in the company. “They’ve ...
Lutnick said the agreement is beneficial to both parties but no details on the arrangement have been released so far.
US Secretary of Commerce Howard Lutnick said on Friday that the federal government will take a 10% stake in Intel.
Lutnick just laughed it off, indignantly pointing out that “we were just giving away the money” under the previous terms of ...
Conservative radio host Erick Erickson called the equity stake plan “terrible” and said it was “actual socialism happening by ...
The unusual deal would deepen the Trump administration’s financial ties with major computer chip manufacturers and punctuate ...
2don MSN
Nvidia And Intel Lead Tech Stock Drop As White House Reportedly Seeks Equity For CHIPS Grants
Commerce Secretary Howard Lutnick told CNBC the U.S. government wants a stake in Intel in exchange for CHIPS Act grant money ...
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