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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 CHIPS Act. But the legality of any equity stake would likely be challenged by both Intel shareholders and competitors in the industry, according to the Times.
U.S. Commerce Secretary Howard Lutnick is looking into the government taking equity stakes in Intel and other chipmakers in ...
11hon 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 ...
10h
CHIPS Act
The U.S. government is in talks to get a 10% equity stake in Intel.
1don 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 ...
7hon MSN
New Chip Deals Are Starting to Look More Sticks Than Carrots. What That Means for Chipmakers
Though the Trump administration appears to have made inroads with embattled chipmaker Intel, Wall Street analysts suggested ...
President Donald Trump is looking to increase the federal government's stake in chip manufacturers that receive funding from ...
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