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News

Lutnick says Intel must give stake to government

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 · 1d
US seeks Intel stake without governance rights, Lutnick says
Commerce Secretary Howard Lutnick confirmed discussions between the US and Intel Corp. for the government to take a stake in the chipmaker, casting the plan as a bid to convert Chips and Science

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 · 1d · on MSN
Lutnick Confirms US Seeks Intel Stake, Says No Governance Rights
 · 35m
The US government wants a 10% stake in Intel in return for that CHIPS act cash
7hon MSN

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 ...
The Hill19m

GOP senator: US stake in Intel would be ‘step toward socialism’

The Trump administration is in talks to secure a 10 percent stake in the company, which would make the U.S. government one of Intel’s largest shareholders. Commerce Secretary Howard Lutnick said ...
1d

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 ...

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