By Andrea Shalal, David Shepardson, Nandita Bose and Max A. Cherney WASHINGTON/SAN FRANCISCO (Reuters) -U.S. Commerce ...

The two sources said Treasury Secretary Scott Bessent is also involved in the CHIPS Act discussions, but that Lutnick is ...

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

The U.S. government is in talks to get a 10% equity stake in Intel. We may earn a commission when you buy through links on ...

Intel stock was down 3.9% after Bloomberg reported that the Trump administration could convert Chips Act grants into a 10% ...

Bloomberg Technology is the only daily news program focused exclusively on technology, innovation and the future of business.

U.S. Commerce Secretary Howard Lutnick is weighing whether the federal government should take equity stakes in semiconductor ...

U.S. Commerce Secretary Howard Lutnick is exploring options for the federal government to acquire equity stakes in ...

US Commerce Secretary Howard Lutnick is looking into the government taking equity stakes in Intel as well as other chip ...

As part of a plan to revive US manufacturing, US Commerce Secretary Howard Lutnic said that the US government wants an equity ...

Commerce Secretary Howard Lutnick on Tuesday confirmed that the government wants Intel to cough up a 10% equity stake in ...