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Intel has to give gov. equity in return for CHIPS funding

NBC News on MSN · 1d

U.S. seeks equity stake in Intel, Commerce Secretary Lutnick says

The U.S. government aims to take an equity stake in Intel, Commerce Secretary Howard Lutnick said Tuesday morning.“We should get an equity stake for our money, so we’ll deliver the money which was already committed under the Biden administration,

Yahoo Finance · 1d

Lutnick says U.S. wants Intel stake for chip grant funding

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

CNBC on MSN · 1d

U.S. Commerce Secretary Howard Lutnick: Intel has to give gov. equity in return for CHIPS funding

U.S. Commerce Secretary Howard Lutnick joins CNBC's 'Squawk on the Street' to discuss the possibility of a government stake in intel, whether a deal would include governance, and much more.

1d

Howard Lutnick Calls CHIPS Act a ‘Giveaway to Rich Companies’ Like Intel

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

More intel on that potential government Intel deal

Commerce Secretary Howard Lutnick has confirmed that the Trump administration is considering taking a stake in the struggling ...

1don MSN

Trump administration says it wants ‘nonvoting’ stake in Intel

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

1don MSN

Trump administration vying to own a big stake in Intel after SoftBank's $2 billion bet on company

U.S. Commerce Secretary Howard Lutnick on Tuesday confirmed the U.S. government is vying for a 10% stake in Silicon Valley ...

18hon MSN

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 ...

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