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 ...

"This is a horrible precedent. This is socialism. All of you people were freaked out about Mamdani in New York City" ...

Sen. Rand Paul and conservative commentator Erick Erickson expressed concerns about the Intel idea, the pair describing it as "socialism." ...

According to CNBC, Intel is in talks with several large investors about a discounted equity raise. The discussions come days after the company secured a $2 billion investment from Japan's SoftBank ...

U.S. Commerce Secretary Howard Lutnick on Tuesday confirmed the U.S. government is vying for a 10% stake in Silicon Valley ...

US Commerce Secretary Howard Lutnick said on Tuesday that chipmaker Intel should give the government an equity stake in the company in exchange for grants earlier committed by former president Joe ...

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 ...

The U.S. Commerce Department is weighing whether to take an equity stake in Intel and other chip companies in exchange for ...

President Donald Trump is looking to increase the federal government's stake in chip manufacturers that receive funding from ...

The Trump administration is in talks to secure a 10% stake in Intel in exchange for converting government grants that were pledged to Intel under U.S. President Joe Biden. If the deal is completed, ...

The Trump administration is considering taking a stake in Oregon’s largest private employer before sending already promised federal funding.