News

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 ...

Trump eyes US government stakes in other chip makers that received CHIPS Act funds, sources say

U.S. Commerce Secretary Howard Lutnick is looking into the federal government taking equity stakes in computer chip ...
The News International3h

US government acquires 10% stake in Intel in landmark CHIPS Act deal

In an unprecedented move to foster national semiconductor production, the U.S. government has attained a 10% equity stake in ...
DatacenterDynamics22h

Trump administration looking to reallocate $2bn in CHIPS Act funds to support critical minerals sector - report

The Trump administration has floated plans to reallocate $2 billion in CHIPS and Science Act funding to support critical ...

Exclusive-Trump Weighs Using $2 Billion in CHIPS Act Funding for Critical Minerals, Sources Say

The Commerce Department oversees the $52.7 billion CHIPS Act, formally known as the CHIPS and Science Act. The act, signed ...

Trump administration not seeking equity stakes in TSMC, Micron - report

The Trump administration is weighing equity stakes in some companies receiving CHIPS Act funding but does not plan to seek ...