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Lutnick says Intel must give stake to government

· 1d · on MSN

U.S. seeks equity stake in Intel, Commerce Secretary Lutnick says

The U.S. government aims to take an equity stake in Intel, Commerce Secretary Howard Lutnick said Tuesday morning.“We should get an equity stake for our money, so we’ll deliver the money which was already committed under the Biden administration,

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Lutnick says U.S. wants Intel stake for chip grant funding

US seeks Intel stake without governance rights, Lutnick says

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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 ...

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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 ...

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Trump administration says it wants ‘nonvoting’ stake in Intel

The Commerce secretary outlined a plan to blend the private and public sectors but denied it represents "state capitalism." ...

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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.

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