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A proposal by Donald Trump’s commerce secretary that tech industry giant Intel should hand over an equity stake to the U.S. government in exchange for CHIPS Act funds set off laughter and incredulity ...
Earlier this week, Reuters reported, citing sources, that U.S. Commerce Secretary Howard Lutnick is exploring ways to receive ...
The Trump administration is in talks to take a 10% stake in the struggling chipmaker. Some say it makes perfect strategic ...
Sen. Bernie Sanders (I-Vt.) voiced support Wednesday for the Trump administration’s plan to potentially take a stake in Intel ...
Liberal U.S. Senator Bernie Sanders on Wednesday threw his support behind President Donald Trump's plan to convert U.S.
US commerce secretary Howard Lutnick is looking into the White House taking equity stakes in Intel and other chipmakers in exchange for grants under the Chips Act, which aims to spur factory-building ...
After months of turbulence, Intel Corp. bulls are finally being rewarded for their patience. But the stock’s sudden rebound comes with a worrying side effect: a valuation so high its most ...
The US government is reportedly to take another step to distort business operations as the White House confirmed on Tuesday ...
President Donald Trump is looking to increase the federal government's stake in chip manufacturers that receive funding from ...
Two sources familiar with the discussions told Reuters that US Commerce Secretary Howard Lutnick has floated the idea in connection with an ongoing plan to acquire ...
Though the Trump administration appears to have made inroads with embattled chipmaker Intel, Wall Street analysts suggested ...