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Intel has to give gov. equity in return for CHIPS funding

Forbes on MSN · 21h

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.

Barron's on MSN · 2d

Intel Stock Drops on Report U.S. Chips Act Funding Could Convert to 10% Equity Stake

Intel stock was down 3.9% after Bloomberg reported that the Trump administration could convert Chips Act grants into a 10% equity stake in Intel.

New York Post on MSN · 1d

Commerce Secretary Lutnick says Intel needs to give government stake for CHIPS funding

Commerce Secretary Howard Lutnick on Tuesday confirmed that the government wants Intel to cough up a 10% equity stake in exchange for nearly $8 billion in CHIPS Act funding approved by the Biden administration. Lutnick said the the stake would be a return on its “investment” in the struggling chipmaker.

2don 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 ...

The American Bazaar16h

Trump eyes equity stakes in chip manufacturers receiving CHIPS Act funding

President Donald Trump is looking to increase the federal government's stake in chip manufacturers that receive funding from ...

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 ...

More stick than carrot: Trump says he'll deploy tariffs to incentivize U.S. chip making

The Biden administration focused on investing in domestic chip production. President Trump is taking a different approach.

The Register on MSN1d

Uncle Sam eyes slice of Intel in return for CHIPS Act cash

Micron, TSMC, and more have also been awarded billions in subisidies The US government is considering taking a stake in Intel ...

TaiwanPlus on MSN22h

U.S. Commerce Department Weighs Taking Equity in CHIPS Act Recipients

The U.S. Department of Commerce is considering a deal to take an equity stake in Intel and other tech firms that received ...

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