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News

Lutnick says Intel must give stake to government

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 · 3h · on MSN
Exclusive-Trump weighs using $2 billion in CHIPS Act funding for critical minerals, sources say
The Trump administration is considering a plan to reallocate at least $2 billion from the CHIPS Act to fund critical minerals projects and boost Commerce Secretary Howard Lutnick's influence over the strategic sector,

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 · 2d · on MSN
Commerce Secretary Lutnick says Intel needs to give government stake for CHIPS funding
 · 2d
Lutnick says U.S. wants Intel stake for chip grant funding
2d

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 ...
1don MSN

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 ...
1don MSN

Chip Stocks Fall 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 ...
Devdiscourse
2h

Trump Administration Eyes $2 Billion to Transform Critical Minerals Strategy

The Trump administration may shift $2 billion from the CHIPS Act to support critical minerals projects, enhancing Commerce ...

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