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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 deal is among the largest government interventions in a U.S. company since the rescue of the auto industry after the 2008 ...
The Trump administration previously signaled interest in investing in the struggling chip maker and will use funds from Biden ...
U.S. Commerce Secretary Howard Lutnick is looking into the government taking equity stakes in Intel and other chipmakers in ...
Hoping to bolster Intel’s $28 billion project in central Ohio, President Donald Trump’s administration is considering ...
The Register on MSN2d
Uncle Sam eyes slice of Intel in return for CHIPS Act cash
Micron, TSMC, and more have also been awarded billions in subisidies The US government is considering taking a stake in Intel ...
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Trump eyes US government stakes in other chip makers that received CHIPS Act funds, sources say
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 ...
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