Commerce Secretary Howard Lutnick told CNBC the U.S. government wants a stake in Intel in exchange for CHIPS Act grant money promised under Biden.

U.S. Commerce Secretary Howard Lutnick is looking into the federal government taking equity stakes in computer chip manufacturers that receive CHIPS Act funding to build factories in the country, two sources said.

Though the Trump administration appears to have made inroads with embattled chipmaker Intel, Wall Street analysts suggested swaying others might require better terms. Wall Street could be starting to sour on the terms of new deals in the works for chipmakers.

President Donald Trump is looking to increase the federal government's stake in chip manufacturers that receive funding from the CHIPS Act

U.S. Commerce Secretary Howard Lutnick is looking into the government taking equity stakes in Intel and other chipmakers in exchange for grants under the CHIPS Act, which aims to spur factory-building in the U.