News

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?'

Commerce Secretary Howard Lutnick said the Trump administration plans to convert federal funding pledged to Intel Corp. INTC ...

Intel in talks with large investors for equity boost at discount, CNBC reports

This also follows Reuters report U.S. Commerce Secretary Howard Lutnick is looking into the government taking equity stakes ...

Trump thinks owning a piece of Intel would be a good deal for the US. Here's what to know

President Donald Trump wants the U.S. government to own a piece of Intel, less than two weeks after demanding the Silicon ...
Financial Advisor15h

Intel's $24 Billion Rally Sends Valuation To Dot-Com Levels

Commerce Secretary Howard Lutnick said in a CNBC interview on Tuesday that the talks are aimed at converting US grants already made to Intel under the Chips and Science Act into non-voting ...

Trump administration vying to own a big stake in Intel after SoftBank's $2 billion bet on company

U.S. Commerce Secretary Howard Lutnick on Tuesday confirmed the U.S. government is vying for a 10% stake in Silicon Valley ...