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Chip Stocks Fall 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 ...

Beijing turns against Nvidia’s AI chip after ‘insulting’ Lutnick remarks

On July 31, the agency summoned Nvidia executives over alleged “serious security issues”. In a statement, the CAC claimed that US AI experts had revealed Nvidia’s chips have location tracking and can ...

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 ...

Lutnick Signals Openness to Union Pacific-Norfolk Southern Deal

Commerce Secretary Howard Lutnick said he’d support consolidation as a means to make the US freight rail industry more ...
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'No One's Explained It To You': Trump Sec. Howard Lutnick Talks Down To Senator, Tries To Educate Him For Asking The 'Wrong' Questions In Hearing

During a budget hearing held by the Senate Appropriations Committee several weeks ago, Commerce Secretary Howard Lutnick ...

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 ...
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Conservative Radio Host Slams Trump Admin For Wanting to Takeover Private Company

"This is a horrible precedent. This is socialism. All of you people were freaked out about Mamdani in New York City" ...

Howard Lutnick Suggests Independent Jobs Stats Are ‘Nonsense’

Commerce Secretary Howard Lutnick has reignited concerns about political interference in future jobs data after saying the ...