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

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

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 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 ...

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

The Trump administration is aiming to take an equity stake in Intel, according to US commerce secretary Howard Lutnick.

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

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 S&P 500, Nasdaq Composite, and Dow Jones Industrial Average have gone for a wild ride since President Trump took office.

The move marks rare government intervention in the private sector to boost domestic manufacturing of semiconductors ...