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 considering a plan to reallocate at least $2 billion from the CHIPS Act to fund critical minerals ...

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 ...

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

U.S. Commerce Secretary Howard Lutnick is looking into the federal government taking equity stakes in computer chip ...

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

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

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

The Trump administration is weighing a controversial plan to reallocate at least $2 billion from the CHIPS Act to fund critical minerals projects, according to two sources familiar with the matter, ...

U.S. Commerce Secretary Howard Lutnick is considering the federal government taking equity stakes in chipmakers receiving ...

Commerce Secretary Howard Lutnick confirmed discussions between the US and Intel Corp. for the government to take a stake in ...