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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.
Sen. Rand Paul (Ky.), a libertarian-minded Republican, criticized the Trump administration’s push to acquire a stake in U.S.
Commerce Secretary Howard Lutnick has confirmed that the Trump administration is considering taking a stake in the struggling ...
After the Trump administration confirmed a rumor that the US is planning to buy a 10 percent stake in Intel, US Senator ...
1don MSN
Trump administration vying to own a big stake in Intel after SoftBank's $2 billion bet on company
U.S. Commerce Secretary Howard Lutnick on Tuesday confirmed the U.S. government is vying for a 10% stake in Silicon Valley ...
17hon MSN
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 ...
U.S. Commerce Secretary Howard Lutnick is looking into the government taking equity stakes in Intel as well as other chip ...
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