US commerce secretary Howard Lutnick is looking into the White House taking equity stakes in Intel and other chipmakers in exchange for grants under the Chips Act, which aims to spur factory-building ...

Liberal U.S. Senator Bernie Sanders on Wednesday threw his support behind President Donald Trump's plan to convert U.S.

US Secretary of Commerce Howard Lutnick recently stated in interviews that the government should not only offer free subsidies but also acquire non-voting stakes to safeguard American taxpayers' ...

President Donald Trump is looking to increase the federal government's stake in chip manufacturers that receive funding from ...

The Trump administration is considering taking a stake in Oregon’s largest private employer before sending already promised federal funding.

"This is a horrible precedent. This is socialism. All of you people were freaked out about Mamdani in New York City" ...

Two sources familiar with the discussions told Reuters that US Commerce Secretary Howard Lutnick has floated the idea in connection with an ongoing plan to acquire ...

Intel fell almost 8% as investors awaited the government's decision on the stake purchase and processed the possible consequences.

Key Takeaways Commerce Secretary Howard Lutnick said the Trump administration is exploring how the U.S. could receive equity stakes in semiconductor companies with CHIPS Act grants.Such deals could ...

The stand-out example is 2022, when Powell, in his Monetary Policy and Price Stability speech, invoked former Fed Chair Paul ...

The Trump administration is in discussions to take a stake of about 10% in Intel, possibly by converting grants made to the ...

According to CNBC, Intel is in talks with several large investors about a discounted equity raise. The discussions come days after the company secured a $2 billion investment from Japan's SoftBank ...