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US Commerce Secretary Howard Lutnick is looking into the government taking equity stakes in Intel as well as other chip ...
The Trump administration recently allowed AI chip giant Nvidia to sell its H20 chips to China in exchange for the U.S.
U.S. Commerce Secretary Howard Lutnick is weighing whether the federal government should take equity stakes in semiconductor ...
The Trump administration wants a return on money the struggling semiconductor maker gets under the Biden-era CHIPS Act.
Treasury Secretary Scott Bessent told CNBC that the U.S. government could convert billions in grants to Intel, into an ownership stake.
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 ...
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.
The Trump administration wants U.S. chipmaker Intel to give the federal government an equity stake to receive $8 billion via ...
Such a move would represent one of the most significant government interventions in a U.S. company since 2008's rescue of the ...
Treasury Secretary Scott Bessent and Commerce Secretary Howard Lutnick confirmed on Tuesday that the US government is ...
The U.S. government wants an equity stake in Intel in exchange for cash grants approved during the administration of former ...
A US stake in Intel doesn't mean that President Donald Trump would put his finger on the scale for the beleaguered chipmaker. Treasury Secretary Scott Bessent said on Tuesday that while the White ...
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