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

The Trump administration is considering a plan to reallocate at least $2 billion from the CHIPS Act to fund critical minerals ...

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

Lutnick said the agreement is beneficial to both parties but no details on the arrangement have been released so far.

The two sources said Treasury Secretary Scott Bessent is also involved in the CHIPS Act discussions, but that Lutnick is ...

Commerce Secretary Howard Lutnick on Tuesday confirmed that the government wants Intel to cough up a 10% equity stake in ...

The Trump administration is aiming to take an equity stake in Intel, according to US commerce secretary Howard Lutnick.

The move by the U.S. could open the door for similar deals with other chipmakers that received grants under the Chips Act ...

The Trump administration may shift $2 billion from the CHIPS Act to support critical minerals projects, enhancing Commerce ...

In an unprecedented move to foster national semiconductor production, the U.S. government has attained a 10% equity stake in ...

The Trump administration is considering taking equity stakes in companies getting funds from the 2022 CHIPS Act but has no ...