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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 ...
The White House confirmed on Tuesday that the Trump administration is working on a deal that could see the US government taking a 10% stake in chip giant Intel. "The president wants to put America's ...
Intel is in talks with other large investors to receive an equity infusion at a discounted price, CNBC reported on Wednesday, ...
Sen. Rand Paul (Ky.), a libertarian-minded Republican, criticized the Trump administration’s push to acquire a stake in U.S.
Wall Street analysts don’t expect the money alone to turn around Intel’s business, which has suffered from years of declining sales and the loss of market share ...
President Donald Trump is looking to increase the federal government's stake in chip manufacturers that receive funding from ...
The Trump administration is considering taking a stake in Oregon’s largest private employer before sending already promised federal funding.
After making deals with the president to avoid punitive executive orders, Paul Weiss and Kirkland & Ellis are helping the Commerce Department.
"This is a horrible precedent. This is socialism. All of you people were freaked out about Mamdani in New York City" ...
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 ...
Key Takeaways Commerce Secretary Howard Lutnick said the Trump administration is exploring how the U.S. could receive equity stakes in semiconductor companies with CHIPS Act grants.Such deals could ...
The stand-out example is 2022, when Powell, in his Monetary Policy and Price Stability speech, invoked former Fed Chair Paul ...