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Trump Admin To Turn Intel's CHIPS Act Grants Into Equity, Says Howard Lutnick: 'Why Are We Giving A Company Worth $100 Billion, This Kind of Money?'

Commerce Secretary Howard Lutnick said the Trump administration plans to convert federal funding pledged to Intel Corp. INTC ...

US Government Weighs 10% Stake in Intel

The US government is in discussions to potentially take a partial ownership stake in Intel, according to an Aug. 18 report by ...

Taking Control of Semiconductors: Trump Targets Equity Stake in CHIPS-Funded Stocks

Owning the Means of Production The Trump administration’s push for a 10% equity stake in Intel (NASDAQ:INTC), leveraging ...
The American Bazaar4h

Trump eyes equity stakes in chip manufacturers receiving CHIPS Act funding

President Donald Trump is looking to increase the federal government's stake in chip manufacturers that receive funding from ...

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 ...
The Register on MSN13h

Uncle Sam eyes slice of Intel in return for CHIPS Act cash

Micron, TSMC, and more have also been awarded billions in subisidies The US government is considering taking a stake in Intel ...

Bessent says the US wouldn't use a rumored stake in Intel 'to drum up business'

Treasury Secretary Scott Bessent said the White House wouldn't try to flex its power with a stake in Intel.