The White House on Tuesday said it was “ironing out the details” of a deal that would entail the US government taking a 10 ...

United States commerce secretary Howard Lutnick confirmed discussions are taking place between the US and Intel for the government to take a stake in the chipmaker, casting the plan as a bid to ...

The Trump administration wants U.S. chipmaker Intel to give the federal government an equity stake to receive $8 billion via ...

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

U.S. Commerce Secretary Howard Lutnick on Tuesday confirmed the U.S. government is vying for a 10% stake in Silicon Valley ...

“We’d like an American to be doing that, so Donald Trump says, ‘Hey, look. Let’s turn the money that Biden was just going to ...

Lutnick just laughed it off, indignantly pointing out that “we were just giving away the money” under the previous terms of ...

The Trump administration is considering taking a stake in Intel as a means of boosting the struggling U.S. chipmaker, Commerce Secretary Howard Lutnick said Tuesday. Lutnick indicated the ...

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

The Trump administration wants a return on money the struggling semiconductor maker gets under the Biden-era CHIPS Act.

Commerce Secretary Howard Lutnick confirmed discussions between the US and Intel Corp. for the government to take a stake in ...

The potential deal would convert the CHIPS ACT grants into equity, but wouldn't come with governance rights in Intel, Lutnick said.