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

U.S. Commerce Secretary Howard Lutnick is looking into the federal government taking equity stakes in computer chip ...

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

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

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

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

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

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

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

US commerce secretary Howard Lutnick has said that Intel must give the US government an equity stake if the company wants to ...