The Commerce Department oversees the $52.7 billion CHIPS Act, formally known as the CHIPS and Science Act. The act, signed ...

U.S. Commerce Secretary Howard Lutnick is looking into the government taking equity stakes in Intel and other chipmakers in ...

U.S. Commerce Secretary Howard Lutnick is looking into the federal government taking equity stakes in computer chip ...

Commerce Secretary Howard Lutnick told CNBC the U.S. government wants a stake in Intel in exchange for CHIPS Act grant money ...

Lutnick just laughed it off, indignantly pointing out that “we were just giving away the money” under the previous terms of ...

The administration isn’t eyeing equity in semiconductor companies that are increasing U.S. investment like TSMC and Micron, ...

The Trump administration is considering acquiring equity stakes in US companies which are receiving subsidies from the 2022 ...

The Trump administration and Intel Corp. are poised to announce details on Friday of an agreement to give the US government ...

The Trump administration is considering a plan to reallocate at least $2 billion from the CHIPS Act to fund critical minerals ...

Owning the Means of Production The Trump administration’s push for a 10% equity stake in Intel (NASDAQ:INTC), leveraging ...

Lutnick is working on how the U.S. federal government can receive stakes in exchange for funds under the CHIPS Act Incentives ...