News

Chip Stocks Fall 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 ...
The American Bazaar2h

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 ...

US examines equity stake in chip makers for CHIPS Act cash grants, sources say

U.S. Commerce Secretary Howard Lutnick is looking into the government taking equity stakes in Intel and other chipmakers in ...

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 ...
The Japan Times15h

Lutnick: Japan’s $550 billion will be directed by Trump

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

US commerce secretary says trade documents wanted by Japan are 'weeks away'

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

Trump administration says it wants ‘nonvoting’ stake in Intel

The Commerce secretary outlined a plan to blend the private and public sectors but denied it represents "state capitalism." ...
Slingshot News on MSN10h

'No One's Explained It To You': Trump Sec. Howard Lutnick Talks Down To Senator, Tries To Educate Him For Asking The 'Wrong' Questions In Hearing

During a budget hearing held by the Senate Appropriations Committee several weeks ago, Commerce Secretary Howard Lutnick ...