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President Donald Trump is looking to increase the federal government's stake in chip manufacturers that receive funding from the CHIPS Act ...
NEW YORK: After months of turbulence, Intel Corp bulls are finally being rewarded for their patience. But the stock’s sudden ...
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 ...
U.S Commerce Secretary Howard Lutnick has confirmed in an interview that the White House is in talks with Intel to acquire a ...
The Trump administration is testing a simple proposition: if Washington funds you, Washington should own a piece of you.
But Intel isn't the only company to receive CHIPS Act grants. Micron was awarded $6.1 billion as well -- the second-biggest ...
President Donald Trump wants the U.S. government to own a piece of Intel, less than two weeks after demanding the Silicon ...
After the Trump administration confirmed a rumor that the US is planning to buy a 10 percent stake in Intel, US Senator Bernie Sanders (I-Vt.) came forward Wednesday to voice support for the highly ...
Commerce Secretary Howard Lutnick told CNBC the U.S. government wants a stake in Intel in exchange for CHIPS Act grant money ...
The Trump administration is pursuing an unusual deal that would make the U.S. government a major stakeholder in chipmaker Intel. NPR unpacks the proposal with Bloomberg reporter Mackenzie Hawkins.