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

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

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

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

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

Intel shares fell 3.7% on Monday, after reports that Trump administration officials are talking about taking a 10% stake in ...

The Trump administration is reportedly discussing a deal to take a 10% stake in Intel, which could potentially leverage Chips ...

Intel stock was down 3.9% after Bloomberg reported that the Trump administration could convert Chips Act grants into a 10% ...

Intel's stock climbed Friday, while other chip stocks slid after President Trump told reporters semiconductor tariffs could ...

The Trump administration wants U.S. chipmaker Intel to give the federal government an equity stake to receive $8 billion via ...

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