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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 ...
President Trump's tariffs continue to affect global markets and the economy. Follow for live updates on stocks, bonds and other markets, including the Dow Jones Industrial Average, S&P 500 and Nasdaq ...
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 ...
US Treasury Secretary Scott Bessent stated that any potential investment by the Federal government in Intel will be aimed at supporting its stability ...
U.S. Commerce Secretary Howard Lutnick is looking into the federal government taking equity stakes in computer chip ...
Commerce Secretary Howard Lutnick on Tuesday confirmed that the government wants Intel to cough up a 10% equity stake in ...
U.S. Commerce Secretary Howard Lutnick is exploring options for the federal government to acquire equity stakes in ...
Treasury Secretary Scott Bessent told CNBC that the U.S. government could convert billions in grants to Intel, into an ownership stake.
Scott Bessent, the U.S. Treasury Secretary, said today that any investment made by the U.S. government in Intel would be used to stabilize the chipmaker.
Treasury Secretary Scott Bessent and Commerce Secretary Howard Lutnick confirmed on Tuesday that the US government is ...