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Nvidia And Intel Lead Tech Stock Drop As White House Reportedly Seeks Equity For CHIPS Grants

Commerce Secretary Howard Lutnick told CNBC the U.S. government wants a stake in Intel in exchange for CHIPS Act grant money ...

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 ...
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US Senator Bernie Sanders backs Trump plan for government stake in Intel

United States Senator Bernie Sanders has thrown his support behind US President Donald Trump’s plan to convert US grants to ...

Intel Stock Is Falling Today: What Is Going On?

At the same time, the U.S. government has signaled interest in taking a direct stake. Treasury Secretary Scott Bessent described domestic semiconductor production as vital to national security, while ...

Trump thinks owning a piece of Intel would be a good deal for the US. Here’s what to know

The Trump administration is in talks to secure a 10% stake in Intel in exchange for converting government grants that were ...

A tech bailout? Trump admin in talks about taking 10% stake in chipmaker Intel

An Intel deal would be one of the largest government interventions in private industry since the U.S. auto industry's bailout ...