The proposed move would take from funds already allocated by Congress for semiconductor research and chip factory ...

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 ...

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 ...

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

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

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

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

In an unprecedented move to foster national semiconductor production, the U.S. government has attained a 10% equity stake in ...