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Commerce Secretary Howard Lutnick told CNBC the U.S. government wants a stake in Intel in exchange for CHIPS Act grant money ...
Yet Intel still matters, as Mr Trump’s interest shows. The most advanced chips, vital for smartphones and AI, are now made almost entirely by TSMC. America’s tech giants depend on it. Such reliance on ...
Treasury Secretary Scott Bessent and Commerce Secretary Howard Lutnick confirmed on Tuesday that the US government is considering an extraordinary investment in struggling chipmaker Intel. But they ...
U.S. senator and frequent Trump critic Bernie Sanders has come out in support of his government taking a stake in chipmaker ...
Hoping to bolster Intel’s $28 billion project in central Ohio, President Donald Trump’s administration is considering ...
The Trump administration now requires an equity stake from Intel for CHIPS Act funds, a major policy shift that coincides ...
United States commerce secretary Howard Lutnick confirmed discussions are taking place between the US and Intel for the government to take a stake in the chipmaker, casting the plan as a bid to ...
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 ...