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Intel, CHIPS and Trump administration

Forbes on MSN · 11h

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 promised under Biden.

Benzinga on MSN · 20h

Trump Admin To Turn Intel's CHIPS Act Grants Into Equity, Says Howard Lutnick: 'Why Are We Giving A Company Worth $100 Billion, This Kind of Money?'

Commerce Secretary Howard Lutnick said the Trump administration plans to convert federal funding pledged to Intel Corp. INTC under the CHIPS Act into an equity stake, arguing that taxpayers deserve a return instead of providing “giveaways to rich companies.

CNBC on MSN · 1d

Trump administration reportedly weighs 10% stake in Intel via CHIPS Act grants, making government top shareholder

The Trump administration is reportedly discussing a deal to take a 10% stake in Intel, which could potentially leverage CHIPS Act funding as part of the equity.

Intel, U.S. Senator

The Hill on MSN · 1h

GOP senator: US stake in Intel would be ‘step toward socialism’

Sen. Rand Paul (Ky.), a libertarian-minded Republican, criticized the Trump administration’s push to acquire a stake in U.S. chipmaker Intel, suggesting the move would be a “step toward socialism.” “If socialism is government owning the means of production,

TechRepublic · 7h

US Government Weighs 10% Stake in Intel

The US government is in discussions to potentially take a partial ownership stake in Intel, according to an Aug. 18 report by Bloomberg. The deal could help accelerate the construction of Intel’s long-delayed semiconductor manufacturing plant in Ohio.

U.S. News & World Report · 11h

U.S. Senator Sanders Favors Trump Plan to Take Stake in Intel

U.S. Senator Bernie Sanders (I-VT) listens as U.S. Trade Representative Jamieson Greer testifies before a Senate Finance Committee hearing on U.S. President Donald Trump's trade policy, on Capitol Hill in Washington,

1h

Intel Stock Plunges Nearly 7% As It Seeks Billions More Post-SoftBank Deal While Trump Administration Considers Stake

Intel stock falls as the company seeks more investors after SoftBank deal and Trump administration considers equity stake.

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 ...

24/7 Wall St.14h

Taking Control of Semiconductors: Trump Targets Equity Stake in CHIPS-Funded Stocks

Owning the Means of Production The Trump administration’s push for a 10% equity stake in Intel (NASDAQ:INTC), leveraging ...

1d

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 ...

1don MSN

Bessent says the US wouldn't use a rumored stake in Intel 'to drum up business'

Treasury Secretary Scott Bessent said the White House wouldn't try to flex its power with a stake in Intel.

1d

White House investment in Intel aimed at reshoring supply chains

The White House is reviewing taking a 10% stake in chipmaker Intel, White House Press Secretary Karoline Leavitt explains the ...

tom's Hardware on MSN12h

White House confirms talks to acquire 10% stake in Intel — 'We should get an equity stake for our money'

The U.S. wants to get 10% of Intel in exchange for the billions of dollars it’s giving it under the CHIPS Act.

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