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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 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 ...
U.S. Commerce Secretary Howard Lutnick is looking into the government taking equity stakes in Intel and other chipmakers in ...
U.S. Commerce Secretary Howard Lutnick is looking into the federal government taking equity stakes in computer chip ...
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 ...
The Trump administration is aiming to take an equity stake in Intel, according to US commerce secretary Howard Lutnick.
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.
The S&P 500, Nasdaq Composite, and Dow Jones Industrial Average have gone for a wild ride since President Trump took office.
US commerce secretary Howard Lutnick has said that Intel must give the US government an equity stake if the company wants to ...