News

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 ...

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 Register on MSN1d

Uncle Sam eyes slice of Intel in return for CHIPS Act cash

Micron, TSMC, and more have also been awarded billions in subisidies The US government is considering taking a stake in Intel ...

New Chip Deals Are Starting to Look More Sticks Than Carrots. What That Means for Chipmakers

Key Takeaways Commerce Secretary Howard Lutnick said the Trump administration is exploring how the U.S. could receive equity stakes in semiconductor companies with CHIPS Act grants.Such deals could ...
TaiwanPlus on MSN1d

U.S. Commerce Department Weighs Taking Equity in CHIPS Act Recipients

The U.S. Department of Commerce is considering a deal to take an equity stake in Intel and other tech firms that received ...
Android1d

Trump’s Plan: Turn CHIPS Act Grants Into Stakes in Samsung & TSMC

The US government is reportedly considering taking equity stakes in Samsung, TSMC, and Micron after Intel, using CHIPS Act grants as leverage. This move, pushed under Trump, aims to boost domestic ...
tom's Hardware on MSN1d

White House confirms talks to acquire 10% stake in Intel — 'We should get an equity stake for our money'

The U.S. wants to get 10% of Intel in exchange for the billions of dollars it’s giving it under the CHIPS Act.