US Secretary of Commerce Howard Lutnick said on Friday that the federal government will take a 10% stake in Intel.

(Reuters) -The Trump administration and Intel are poised to announce details of an agreement to give the U.S. government an ...

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

The Commerce secretary outlined a plan to blend the private and public sectors but denied it represents "state capitalism." ...

Conservative radio host Erick Erickson called the equity stake plan “terrible” and said it was “actual socialism happening by ...

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