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Intel, CHIPS and Howard Lutnick

Bloomberg on MSN · 1d

Lutnick Confirms US Seeks Intel Stake, Says No Governance Rights

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 Act grants into equity.

CNBC on MSN · 1d

Lutnick says Intel has to give government equity in return for CHIPS Act funds

The potential deal would convert the CHIPS ACT grants into equity, but wouldn't come with governance rights in Intel, Lutnick said.

DatacenterDynamics · 13h

US gov’t explores equity stakes in Intel and others to receive CHIPS Act funds

US commerce secretary Howard Lutnick has said that Intel must give the US government an equity stake if the company wants to receive its CHIPS and Science Act funding.

1d

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 ...

18hon MSN

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 ...

The American Bazaar3h

Trump eyes equity stakes in chip manufacturers receiving CHIPS Act funding

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

4hon 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 ...

7h

CHIPS Act

The U.S. government is in talks to get a 10% equity stake in Intel.

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