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

Al Drago/Bloomberg via Getty Images The U.S. government could get a 10% equity stake in Intel in exchange for more funds ...

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.

Lutnick says Intel has to give government equity in return for CHIPS Act funds

The potential deal would convert the CHIPS ACT grants into equity, but wouldn't come with governance rights in Intel, Lutnick said.

Is Intel the Hot AI Growth Stock to Buy Now?

Shining a Spotlight on Intel Intel (NASDAQ:INTC) has emerged from the shadows of its semiconductor rivals, capturing the ...

U.S. confirms plans to invest in Intel, following SoftBank

The U.S. government wants to turn its CHIPS Act investment into an equity stake. Japan's SoftBank, however, has already ...

Intel Stock Drops on Report U.S. Chips Act Funding Could Convert to 10% Equity Stake

Intel stock was down 3.9% after Bloomberg reported that the Trump administration could convert Chips Act grants into a 10% ...

Trump's Plans for Intel Take a Page From Bernie Sanders' Playbook

Turning Intel into the chipmaking equivalent of Amtrak is unlikely to be good news for American taxpayers or the company ...

Intel: Government And SoftBank Money Won't Solve Its Tech Crisis

Intel Corporation sees a steep rally; speculation over U.S. stake and SoftBank investment fuels optimism, but can it overcome ...