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News

Intel, Howard Lutnick and CHIPS

Digest more
 · 20m
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 chipmaker, casting the plan as a bid to convert Chips and Science

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 · 5h
Lutnick says U.S. wants Intel stake for chip grant funding
 · 3h · on MSN
Commerce Secretary Lutnick says Intel needs to give government stake for CHIPS funding
6h

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 ...
The Business Times
8h

US seeks Intel stake without governance rights: Lutnick

WASHINGTON] Commerce Secretary Howard Lutnick confirmed discussions between the US and Intel for the government to take a ...
7hon MSN

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

If it were to happen, Treasury Secretary Scott Bessent said the US wouldn't pressure companies to buy Intel chips. A possible deal would be for the US to exchange $10.9 billion in grants for a stake.

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