The U.S. commerce secretary said the funds promised by Tokyo in the course of tariff talks will be deployed to benefit the ...

U.S. Commerce Secretary Howard Lutnick said in a CNBC interview on Tuesday that documents memorializing trade agreements with ...

Howard Lutnick said the Trump administration plans to convert federal funding pledged to Intel under the CHIPS Act into an ...

The Trump administration has recently made unusual deals with U.S. companies, including allowing AI chip giant Nvidia to sell its H20 chips to China in exchange for the U.S. government receiving ...

The White House has confirmed that the USA is to become Intel's largest shareholder. Meanwhile, there are reports of further ...

US Commerce Secretary Howard Lutnick says Trump wants a 'good return' for American taxpayers. Subsidies under the CHIPS Act ...

US government is considering equity stakes in companies receiving CHIPS Act funding, including TSMC, Micron, Samsung, and ...

The commerce department oversees the US$52.7 billion Chips Act money. Lutnick has been pushing the equity idea, the sources said, adding that Trump likes the idea. White House Press Secretary Karoline ...

U.S. Commerce Secretary Howard Lutnick said Tuesday that chipmaker Intel should give the government an equity stake in the company in exchange for grants.

The Trump administration recently allowed AI chip giant Nvidia to sell its H20 chips to China in exchange for the U.S.