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News

Intel, Howard Lutnick and Commerce Secretary

Digest more
 · 13h · 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.

Continue reading

 · 1d · on MSN
U.S. seeks equity stake in Intel, Commerce Secretary Lutnick says
 · 22h
Lutnick says U.S. wants Intel stake for chip grant funding
22h

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 ...
23hon MSN

Trump administration says it wants ‘nonvoting’ stake in Intel

The Commerce secretary outlined a plan to blend the private and public sectors but denied it represents "state capitalism." ...
NBC4 WCMH-TV
6h

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 ...
20hon MSN

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 ...

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