howard lutnick chips act

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Intel, CHIPS and Howard Lutnick

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.

Forbes on MSN · 22h

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.

Yahoo Finance · 1d

Lutnick says U.S. wants Intel stake for chip grant funding

The move by the U.S. could open the door for similar deals with other chipmakers that received grants under the Chips Act

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

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 ...

18hon MSN

New Chip Deals Are Starting to Look More Sticks Than Carrots. What That Means for Chipmakers

Though the Trump administration appears to have made inroads with embattled chipmaker Intel, Wall Street analysts suggested ...

1don MSN

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 ...

Independent.ie on MSN10h

It’s not just Intel – Trump White House wants ‘piece of the action’ from all grant-aided chipmakers, says Howard Lutnick

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 ...

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 ...

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