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News

Intel, Howard Lutnick and CHIPS Act

Digest more
 · 2d
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 the CHIPS Act. But the legality of any equity stake would likely be challenged by both Intel shareholders and competitors in the industry, according to the Times.

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 · 2d
Lutnick says U.S. wants Intel stake for chip grant funding
 · 2d · on MSN
Lutnick Confirms US Seeks Intel Stake, Says No Governance Rights
6h

‘This is socialism’: Joe calls out irony in Trump admin's push for Intel stake

Commerce Secretary Howard Lutnick is suggesting the U.S. government should take a 10% stake in Intel in exchange for federal support. Conservative radio host Erick Erickson sounded the alarm, calling ...
Marketplace
1d

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 ...
1h

Intel federal takeover? Husted, Moreno express support for Trump plan to take stake

As the Trump administration considers taking an ownership stake in Intel, Ohio's senators are expressing their support.
1don 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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