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Intel, CHIPS Act and Howard Lutnick

· 14h · on MSN

Trump Admin To Turn Intel's CHIPS Act Grants Into Equity, Says Howard Lutnick: 'Why Are We Giving A Company Worth $100 Billion, This Kind of Money?'

Commerce Secretary Howard Lutnick said the Trump administration plans to convert federal funding pledged to Intel Corp. INTC under the CHIPS Act into an equity stake, arguing that taxpayers deserve a return instead of providing “giveaways to rich companies.

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Howard Lutnick Calls CHIPS Act a ‘Giveaway to Rich Companies’ Like Intel

· 1d · on MSN

Lutnick says Intel has to give government equity in return for CHIPS Act funds

12hon MSN

US examines equity stake in chip makers for CHIPS Act cash grants, sources say

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

6hon 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 ...

1h

Along with Intel, the US government is exploring taking equity stakes in TSMC, Micron, and Samsung through CHIPS Act

Two sources familiar with the discussions told Reuters that US Commerce Secretary Howard Lutnick has floated the idea in ...

23hon MSN

Trump eyes US government stakes in other chip makers that received CHIPS Act funds, sources say

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

Devdiscourse23h

U.S. Eyes Equity Stakes in Chip Makers for CHIPS Act Funding

U.S. Commerce Secretary Howard Lutnick is considering the federal government taking equity stakes in chipmakers receiving ...

DatacenterDynamics10h

US gov’t explores equity stakes in Intel and others to receive CHIPS Act funds

US commerce secretary Howard Lutnick has said that Intel must give the US government an equity stake if the company wants to ...

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