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News

US seeks equity stake in Intel

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 · 31m
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.

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 · 13h · on MSN
U.S. seeks equity stake in Intel, Commerce Secretary Lutnick says
 · 3h
US seeks Intel stake without governance rights, Lutnick says
9h

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 ...
1h

US in talks over 10% Intel stake, White House confirms

The White House confirmed on Tuesday that the Trump administration is working on a deal that could see the US government ...

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