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U.S Commerce Secretary Howard Lutnick has confirmed in an interview that the White House is in talks with Intel to acquire a ...
Intel shares gained on Tuesday after the White House confirmed the Trump administration is negotiating a deal that could see ...
US commerce secretary Howard Lutnick is looking into the White House taking equity stakes in Intel and other chipmakers in exchange for grants under the Chips Act, which aims to spur factory-building ...
Commerce Secretary Howard Lutnick told CNBC the U.S. government wants a stake in Intel in exchange for CHIPS Act grant money ...
Sen. Rand Paul and conservative commentator Erick Erickson expressed concerns about the Intel idea, the pair describing it as "socialism." ...
SoftBank is investing $2 billion in Intel, even as the White House is considering taking a 10% stake in chipmaker per reports ...
The multinational investment holding company's move to invest in the US chip giant is the latest in a series of business deals that the group's founder, Masayoshi Son, has made with President Donald ...
Commerce Secretary Howard Lutnick said Tuesday that the government is seeking an equity stake in the chipmaker in return for ...
The US government is reportedly to take another step to distort business operation. The White House confirmed on Tuesday that the Trump administration is working on a deal that could see the US ...
From Intel to Nvidia, the Trump administration is rewriting the playbook on how the presidency interacts with American capitalism.
Money earmarked for the company under the Chips Act could be converted into equity.