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US Seeks Equity Stake In Intel

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. Lutnick said the the stake would be a return on its “investment” in the struggling chipmaker.

NPR · 1d

Trump administration wants government to have an equity stake in chipmaker Intel

The Trump administration is pursuing an unusual deal that would make the U.S. government a major stakeholder in chipmaker Intel. NPR unpacks the proposal with Bloomberg reporter Mackenzie Hawkins.

UPI on MSN · 2d

Trump administration seeks an equity stake in chipmaker Intel

The Trump administration wants U.S. chipmaker Intel to give the federal government an equity stake to receive $8 billion via the CHIPS and Science Act.

US seeks Intel stake without governance rights, Lutnick says

Commerce Secretary Howard Lutnick confirmed discussions between the US and Intel Corp. for the government to take a stake in ...

The American Bazaar1h

Intel seeks more investors despite $2 billion SoftBank bet and government stake

Intel faces financial turbulence in 2025, seeking equity from SoftBank, institutional investors, and even the U.S. government as it undertakes a dramatic turnaround in the semiconductor race.

16h

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

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 ...

2don MSN

Trump administration in talks to take 10% stake in Intel, Bloomberg News reports

The Trump administration is in talks to take a 10% stake in Intel by converting some or all of the struggling company's Chips ...

21h

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 ...

GCN3h

US seeks Intel stake for grant aid

The US seeks an intelligence-sharing stake in exchange for grant aid, raising questions on foreign assistance and security collaboration.

Socialism 'by definition': Joe puzzled by WH wanting a stake in Intel tech company

The U.S. government aims to take an equity stake in Intel, Commerce Secretary Howard Lutnick said Tuesday morning.

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