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Chip Stocks Fall 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 ...
24/7 Wall St.8h

Taking Control of Semiconductors: Trump Targets Equity Stake in CHIPS-Funded Stocks

Owning the Means of Production The Trump administration’s push for a 10% equity stake in Intel (NASDAQ:INTC), leveraging ...

New Chip Deals Are Starting to Look More Sticks Than Carrots. What That Means for Chipmakers

Though the Trump administration appears to have made inroads with embattled chipmaker Intel, Wall Street analysts suggested swaying others might require better terms. Wall Street could be starting to ...

Trump Admin To Turn Intel's CHIPS Act Grants Into Equity, Says Howard Lutnick: 'Why Are We Giving A Company Worth $100 Billion, This Kind of Money?'

Commerce Secretary Howard Lutnick said the Trump administration plans to convert federal funding pledged to Intel Corp. INTC ...

Howard Lutnick Calls CHIPS Act a ‘Giveaway to Rich Companies’ Like Intel

Lutnick just laughed it off, indignantly pointing out that “we were just giving away the money” under the previous terms of ...
The Register on MSN8h

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 ...
Tampa Free Press on MSN23h

Florida Rep. Byron Donalds Rips Government Investment In Intel Via CHIPS Act

Donalds Criticizes CHIPS Act, Calls Government Investment a "Moral Hazard" The Trump administration is eyeing a 10% stake in ...
Outlook Business1d

White House Mulls Converting Chips Act Grants into 10% Stake in Intel, SoftBank Invests $2Bn

The US government is weighing a plan to take roughly a 10% equity stake in Intel by converting part of the company’s awards ...