"This is a horrible precedent. This is socialism. All of you people were freaked out about Mamdani in New York City" ...

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 ...

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

US Commerce Secretary Howard Lutnick said on Tuesday that chipmaker Intel should give the government an equity stake in the company in exchange for grants earlier committed by former president Joe ...

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 ...

The U.S. Commerce Department is weighing whether to take an equity stake in Intel and other chip companies in exchange for ...

President Donald Trump is looking to increase the federal government's stake in chip manufacturers that receive funding from ...

Liberal U.S. Senator Bernie Sanders on Wednesday threw his support behind President Donald Trump's plan to convert U.S.

US Secretary of Commerce Howard Lutnick recently stated in interviews that the government should not only offer free subsidies but also acquire non-voting stakes to safeguard American taxpayers' ...