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

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 ...

The move by the U.S. could open the door for similar deals with other chipmakers that received grants under the Chips Act ...

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

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

United States commerce secretary Howard Lutnick confirmed discussions are taking place between the US and Intel for the government to take a stake in the chipmaker, casting the plan as a bid to ...

"This is a horrible precedent. This is socialism. All of you people were freaked out about Mamdani in New York City" ...

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

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

The unusual deal would deepen the Trump administration’s financial ties with major computer chip manufacturers and punctuate ...

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

The Trump administration is considering taking a stake in Intel as a means of boosting the struggling U.S. chipmaker, ...