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US Seeks Equity Stake In Intel

Forbes on MSN · 11h

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 promised under Biden.

Benzinga on MSN · 20h

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 under the CHIPS Act into an equity stake, arguing that taxpayers deserve a return instead of providing “giveaways to rich companies.

Trump administration wants government to have an equity stake in chipmaker Intel

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.

1h

Intel Stock Plunges Nearly 7% As It Seeks Billions More Post-SoftBank Deal While Trump Administration Considers Stake

Intel stock falls as the company seeks more investors after SoftBank deal and Trump administration considers equity stake.

1hon MSN

GOP senator: US stake in Intel would be ‘step toward socialism’

Sen. Rand Paul (Ky.), a libertarian-minded Republican, criticized the Trump administration’s push to acquire a stake in U.S.

1don MSN

Trump administration reportedly weighs 10% stake in Intel via CHIPS Act grants, making government top shareholder

The Trump administration is reportedly discussing a deal to take a 10% stake in Intel, which could potentially leverage Chips ...

7h

US Government Weighs 10% Stake in Intel

The US government is in discussions to potentially take a partial ownership stake in Intel, according to an Aug. 18 report by ...

17hon MSN

The US government wants a 10% stake in Intel in return for that CHIPS act cash

Hardware Talks are reportedly underway for the US Gov. to take a stake in Intel, and its share price has already jumped 7% in ...

14h

Trump confirms US is seeking 10% stake in Intel. Bernie Sanders approves.

After the Trump administration confirmed a rumor that the US is planning to buy a 10 percent stake in Intel, US Senator ...

13h

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 ...

1d

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 ...

1don MSN

Bessent says the US wouldn't use a rumored stake in Intel 'to drum up business'

Treasury Secretary Scott Bessent said the White House wouldn't try to flex its power with a stake in Intel.

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