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Trump administration vying to own a big stake in Intel after SoftBank’s $2 billion bet on company
The unusual deal would deepen the Trump administration’s financial ties with major computer chip manufacturers and punctuate a dramatic about-face from the president’s recent push to oust the company’s CEO.
US Government Makes $8.9B Investment to Take 10% Stake in Intel
The US government has officially taken a 10% stake in Intel in what seems to be a bid to save the chip maker, Secretary of Commerce Howard Lutnick unveiled in a post on X on Friday. Intel confirmed its agreement with the Trump Administration in a press release issued late Friday,
Commerce Secretary Howard Lutnick on Tuesday confirmed that the government wants Intel to cough up a 10% equity stake in ...
The U.S. commerce secretary said the funds promised by Tokyo in the course of tariff talks will be deployed to benefit the ...
The Trump administration is considering a plan to reallocate at least $2 billion from the CHIPS Act to fund critical minerals ...
Chinese officials are peeved over Commerce Secretary Howard Lutnick's "insulting" remarks about Nvidia's H20 computer chip -- ...
Commerce Secretary Howard Lutnick said the Trump administration plans to convert federal funding pledged to Intel Corp. INTC ...
U.S. Commerce Secretary Howard Lutnick backed Union Pacific’s proposed $72 billion takeover of Norfolk Southern, saying it ...
China restricts Nvidia chip sales after US official Howard Lutnick's "insulting" remarks about not selling them the best tech ...
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‘This is Socialism!’ Conservative Radio Host Slams Trump Admin For Wanting Stake In Private Company
"This is a horrible precedent. This is socialism. All of you people were freaked out about Mamdani in New York City" ...
CNBC's Eamon Javers reports on U.S. Commerce Secretary Howard Lutnick's announcement that the United States government now ...
Lutnick said the agreement is beneficial to both parties but no details on the arrangement have been released so far.
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'No One's Explained It To You': Trump Sec. Howard Lutnick Talks Down To Senator, Tries To Educate Him For Asking The 'Wrong' Questions In Hearing
During a budget hearing held by the Senate Appropriations Committee several weeks ago, Commerce Secretary Howard Lutnick ...
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