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Nvidia And Intel Lead Tech Stock Drop 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 ...
TaiwanPlus on MSN14h

U.S. Commerce Department Weighs Taking Equity in CHIPS Act Recipients

The U.S. Department of Commerce is considering a deal to take an equity stake in Intel and other tech firms that received ...
NBC4 WCMH-TV18h

Trump administration weighs 10% acquisition of Intel in exchange for CHIPS funding

Hoping to bolster Intel’s $28 billion project in central Ohio, President Donald Trump’s administration is considering ...

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

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

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?'

Howard Lutnick said the Trump administration plans to convert federal funding pledged to Intel under the CHIPS Act into an ...

New Chip Deals Are Starting to Look More Sticks Than Carrots. What That Means for Chipmakers

Key Takeaways Commerce Secretary Howard Lutnick said the Trump administration is exploring how the U.S. could receive equity stakes in semiconductor companies with CHIPS Act grants.Such deals could ...
The Register on MSN16h

Uncle Sam eyes slice of Intel in return for CHIPS Act cash

Micron, TSMC, and more have also been awarded billions in subisidies The US government is considering taking a stake in Intel ...