Commerce Secretary Howard Lutnick on Tuesday confirmed that the government wants Intel to cough up a 10% equity stake in ...

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

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

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

Intel was under the Wall Street spotlight Tuesday as shares popped nearly 7% on news that the struggling chip maker secured a ...

Lutnick just laughed it off, indignantly pointing out that “we were just giving away the money” under the previous terms of ...

Commerce Secretary Howard Lutnick told CNBC that the U.S. government must receive an equity stake in Intel in exchange for CHIPS Act funds. The potential deal would convert the grants into equity and ...

Commerce Secretary Howard Lutnick is exploring government equity stakes in Intel and other chip companies for CHIPS Act grants. This strategy aims to boost U.S. manufacturing. The move, backed by ...

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

U.S. Commerce Secretary Howard Lutnick said on Tuesday the government wanted an equity stake in Intel in exchange for cash ...

The Commerce secretary outlined a plan to blend the private and public sectors but denied it represents "state capitalism." ...

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