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Intel, Howard Lutnick and US

New York Post on MSN · 5d

Commerce Secretary Lutnick says Intel needs to give government stake for CHIPS funding

Commerce Secretary Howard Lutnick on Tuesday confirmed that the government wants Intel to cough up a 10% equity stake in exchange for nearly $8 billion in CHIPS Act funding approved by the Biden administration. Lutnick said the the stake would be a return on its “investment” in the struggling chipmaker.

Bloomberg on MSN · 5d

Lutnick Confirms US Seeks Intel Stake, Says No Governance Rights

Commerce Secretary Howard Lutnick confirmed discussions between the US and Intel Corp. for the government to take a stake in the chipmaker, casting the plan as a bid to convert Chips and Science Act grants into equity.

The Mercury News · 5d

US seeks Intel stake without governance rights, Lutnick says

Commerce Secretary Howard Lutnick confirmed discussions between the US and Intel Corp. for the government to take a stake in the chipmaker, casting the plan as a bid to convert Chips and Science

3d

Trump Is Betting Big on Intel. Will the Chips Fall His Way?

The Trump administration is aiming to take an equity stake in Intel, according to US commerce secretary Howard Lutnick.

3d

Trump administration vying to own a big stake in Intel after SoftBank’s $2 billion bet on company

The unusual deal would deepen the Trump administration’s financial ties with major computer chip manufacturers and punctuate ...

5d

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 ...

5don MSN

U.S. seeks equity stake in Intel, Commerce Secretary Lutnick says

The U.S. government aims to take an equity stake in Intel, Commerce Secretary Howard Lutnick said Tuesday morning.“We should ...

Just The News2d

Commerce Sec Howard Lutnick signals Intel deal has been completed: US 'now owns 10%' of company

Lutnick said the agreement is beneficial to both parties but no details on the arrangement have been released so far.

2don MSN

U.S. owns 10% of Intel, says Commerce Secretary Howard Lutnick

CNBC's Eamon Javers reports on U.S. Commerce Secretary Howard Lutnick's announcement that the United States government now ...

4don 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 ...

Considerable on MSN2d

SoftBank Plans $2 Billion Investment in Intel

Japanese technology giant SoftBank Group has announced plans to acquire a $2 billion stake in Intel, marking a significant ...

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