News

U.S. seeks equity stake in Intel, Commerce Secretary Lutnick says

The U.S. government aims to take an equity stake in Intel, Commerce Secretary Howard Lutnick said Tuesday morning.“We should ...

Lutnick says U.S. wants Intel stake for chip grant funding

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

Howard Lutnick Calls CHIPS Act a ‘Giveaway to Rich Companies’ Like Intel

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

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 ...

Commerce Secretary Lutnick says Intel needs to give government stake for CHIPS funding

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

U.S. Commerce Secretary Howard Lutnick: Intel has to give gov. equity in return for CHIPS funding

U.S. Commerce Secretary Howard Lutnick joins CNBC's 'Squawk on the Street' to discuss the possibility of a government stake ...
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US gov’t explores equity stakes in Intel and others to receive CHIPS Act funds

US commerce secretary Howard Lutnick has said that Intel must give the US government an equity stake if the company wants to ...
Marketplace1d

More intel on that potential government Intel deal

Commerce Secretary Howard Lutnick has confirmed that the Trump administration is considering taking a stake in the struggling ...