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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 ...
Commerce Secretary Howard Lutnick on Tuesday confirmed that the government wants Intel to cough up a 10% equity stake in ...
Lutnick just laughed it off, indignantly pointing out that “we were just giving away the money” under the previous terms of ...
U.S. Commerce Secretary Howard Lutnick is looking into the government taking equity stakes in Intel and other chipmakers in ...
1h
Asianet Newsable on MSNIntel Seeks Fresh Funding At A Discount After $2B SoftBank Deal To Avoid CHIPS Act Dilution: Report
According to a report by CNBC, Intel is seeking fresh funding to meet customer needs, and relying on CHIPS Act subsidies as ...
The Register on MSN4h
Uncle Sam eyes slice of Intel in return for CHIPS Act cash
Micron, TSMC, and more have also been awarded billions in subisidies The US government is considering taking a stake in Intel ...
Treasury Secretary Scott Bessent said the White House wouldn't try to flex its power with a stake in Intel.
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