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The Trump administration is considering a plan to reallocate at least $2 billion from the CHIPS Act to fund critical minerals ...
U.S. Commerce Secretary Howard Lutnick is looking into the federal government taking equity stakes in computer chip ...
Lutnick just laughed it off, indignantly pointing out that “we were just giving away the money” under the previous terms of ...
The Trump administration is weighing a controversial plan to reallocate at least $2 billion from the CHIPS Act to fund critical minerals projects, according to two sources familiar with the matter, ...
Commerce Secretary Howard Lutnick said the Trump administration plans to convert federal funding pledged to Intel Corp. INTC ...
Companies that are boosting investment pledges in the US will not be pressed to offer equity in exchange for funding such as ...
Administration isn’t eyeing equity in semiconductor companies that are increasing U.S. investment like TSMC and Micron, but ...
The potential deal would convert the CHIPS ACT grants into equity, but wouldn't come with governance rights in Intel, Lutnick said.
The Trump administration may shift $2 billion from the CHIPS Act to support critical minerals projects, enhancing Commerce ...
Commerce Secretary Howard Lutnick on Tuesday confirmed that the government wants Intel to cough up a 10% equity stake in ...
Commerce Secretary Howard Lutnick told CNBC the U.S. government wants a stake in Intel in exchange for CHIPS Act grant money ...