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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 ...
Sen. Rand Paul (Ky.), a libertarian-minded Republican, criticized the Trump administration’s push to acquire a stake in U.S.
Intel stock falls as the company seeks more investors after SoftBank deal and Trump administration considers equity stake.
Rates futures traders are pricing in an 85% probability of a quarter-point cut next month, with another 25 basis points of easing expected by year's end. Powell's words on Friday could provide ...
President Donald Trump is looking to increase the federal government's stake in chip manufacturers that receive funding from ...
After making deals with the president to avoid punitive executive orders, Paul Weiss and Kirkland & Ellis are helping the Commerce Department.
Two sources familiar with the discussions told Reuters that US Commerce Secretary Howard Lutnick has floated the idea in connection with an ongoing plan to acquire ...
"This is a horrible precedent. This is socialism. All of you people were freaked out about Mamdani in New York City" The post Conservative Radio Host Slams Trump Admin For Wanting to Takeover Private ...
WASHINGTON (Reuters) -Liberal U.S. Senator Bernie Sanders on Wednesday threw his support behind President Donald Trump's plan ...
But Intel wasn't alone in winning CHIPS Act grants. As CNBC points out, Taiwan Semiconductor (TSMC) was awarded $6.6 billion ...
Commerce Secretary Howard Lutnick told CNBC the U.S. government wants a stake in Intel in exchange for CHIPS Act grant money ...
The U.S. Commerce Department is weighing whether to take an equity stake in Intel and other chip companies in exchange for ...