Lutnick just laughed it off, indignantly pointing out that “we were just giving away the money” under the previous terms of ...

Commerce Secretary Howard Lutnick on Tuesday confirmed that the government wants Intel to cough up 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 ...

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

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

U.S. Commerce Secretary Howard Lutnick is looking into the government taking equity stakes in Intel and other chipmakers in ...

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.

US commerce secretary Howard Lutnick has said that Intel must give the US government an equity stake if the company wants to ...

The potential deal would convert the CHIPS ACT grants into equity, but wouldn't come with governance rights in Intel, Lutnick said.

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 is looking into the government taking equity stakes in Intel as well as other chip ...