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News

Intel, Howard Lutnick and CHIPS

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 · 1d · on MSN
Commerce Secretary Lutnick says Intel needs to give government stake for CHIPS funding
Commerce Secretary Howard Lutnick on Tuesday confirmed that the government wants Intel to cough up a 10% equity stake in exchange for nearly $8 billion in CHIPS Act funding approved by the Biden administration.

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 · 1d
Howard Lutnick Calls CHIPS Act a ‘Giveaway to Rich Companies’ Like Intel
 · 21h · on 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?'
17hon 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 ...
20hon MSN

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 and other chipmakers in ...
The American Bazaar
7h

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 ...

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