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News

Intel, Howard Lutnick and CHIPS Act

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 · 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 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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 · 1d
Lutnick says U.S. wants Intel stake for chip grant funding
 · 1d · on MSN
Lutnick Confirms US Seeks Intel Stake, Says No Governance Rights
19hon 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 ...
9hon MSN

GOP senator: US stake in Intel would be ‘step toward socialism’

Sen. Rand Paul (Ky.), a libertarian-minded Republican, criticized the Trump administration’s push to acquire a stake in U.S.
Marketplace
23h

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 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 ...

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