News

The U.S. government wants an equity stake in Intel in exchange for cash grants approved during the previous administration, ...
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 ...
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.
"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 ...
WASHINGTON (Reuters) -Liberal U.S. Senator Bernie Sanders on Wednesday threw his support behind Republican President Donald ...
The Trump administration is testing a simple proposition: if Washington funds you, Washington should own a piece of you.
But Intel isn't the only company to receive CHIPS Act grants. Micron was awarded $6.1 billion as well -- the second-biggest ...
After months of turbulence, Intel Corp. bulls are finally being rewarded for their patience. But the stock’s sudden rebound comes with a worrying side effect: a valuation so high its most ...
After the Trump administration confirmed a rumor that the US is planning to buy a 10 percent stake in Intel, US Senator ...
Commerce Secretary Howard Lutnick told CNBC the U.S. government wants a stake in Intel in exchange for CHIPS Act grant money ...