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US examines equity stake in chip makers for CHIPS Act cash grants, sources say
U.S. Commerce Secretary Howard Lutnick is looking into the government taking equity stakes in Intel as well as other chip companies in exchange for grants under the CHIPS Act that was meant to spur factory-building around the country,
The White House confirmed on Tuesday that the Trump administration is working on a deal that could see the US government ...
The Trump administration is reportedly considering having the US government take a stake in Intel, a company that was once ...
From Intel to Nvidia, the Trump administration is rewriting the playbook on how the presidency interacts with American capitalism.
Commerce Secretary Howard Lutnick said Tuesday that the government is seeking an equity stake in the chipmaker in return for ...
10don MSN
Intel CEO to visit White House after Trump called for his ouster over alleged China ties: report
Intel CEO Lip-Bu Tan is scheduled to visit the White House on Monday following President Donald Trump’s call last week for ...
Lip-Bu Tan is set to meet with the president, who last week called for Tan’s removal.
Treasury Secretary Scott Bessent said the White House wouldn't try to flex its power with a stake in Intel.
The U.S. chipmaker has struggled to keep pace in the AI market alongside competitors like Nvidia. Softbank has agreed to buy ...
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