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News

CHIPS Act, Intel and Howard Lutnick

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 · 3d
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 CHIPS Act. But the legality of any equity stake would likely be challenged by both Intel shareholders and competitors in the industry, according to the Times.

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 · 3d · on MSN
Lutnick says Intel has to give government equity in return for CHIPS Act funds
 · 3d · on MSN
Trump eyes US government stakes in other chip makers that received CHIPS Act funds, sources say
1don MSN

Exclusive-Trump weighs using $2 billion in CHIPS Act funding for critical minerals, sources say

The Trump administration is considering a plan to reallocate at least $2 billion from the CHIPS Act to fund critical minerals ...
3don MSN

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 ...
Devdiscourse
3d

U.S. Eyes Equity Stakes in Chip Makers for CHIPS Act Funding

U.S. Commerce Secretary Howard Lutnick is considering the federal government taking equity stakes in chipmakers receiving ...
3don MSN

US examines equity stake in chip makers for CHIPS Act cash grants, sources say

U.S. Commerce Secretary Howard Lutnick is looking into the government taking equity stakes in Intel and other chipmakers in ...

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