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CHIPS, Intel and White House

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.

TipRanks on MSN · 1d

U.S. look at taking equity stake in exchange for CHIPS Act grants, Reuters says

U.S. Commerce Secretary Howard Lutnick is looking into the government taking equity stakes in Intel (INTC) as well as other chipmakers in exchange

tom's Hardware on MSN · 1d

White House confirms talks to acquire 10% stake in Intel — 'We should get an equity stake for our money'

The U.S. wants to get 10% of Intel in exchange for the billions of dollars it’s giving it under the CHIPS Act.

CHIPS, Intel and Trump

New York Post on MSN · 2d

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.

NBC4 WCMH-TV · 1d

Trump administration weighs 10% acquisition of Intel in exchange for CHIPS funding

Hoping to bolster Intel’s $28 billion project in central Ohio, President Donald Trump’s administration is considering requesting Intel stock in exchange

Reuters on MSN · 2d

Trump eyes US government stakes in other chip makers that received CHIPS Act funds, sources say

U.S. Commerce Secretary Howard Lutnick is looking into the federal government taking equity stakes in computer chip manufacturers that receive CHIPS Act funding to build factories in the country, two sources said.

Wired14h

Trump Is Betting Big on Intel. Will the Chips Fall His Way?

So far, the company has received $2.2 billion of the up to $7.86 billion it was granted through the 2022 CHIPS Act: $1.1 billion in the first quarter of 2024 and another $1.1 billion in January 2025 ...

29m

Trump weighs using $2 billion in CHIPS Act funding for critical minerals

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

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 ...

37m

Trump eyes CHIPS Act funds for critical minerals, Lutnick set for bigger role

The Trump administration is weighing a controversial plan to reallocate at least $2 billion from the CHIPS Act to fund critical minerals projects, according to two sources familiar with the matter, ...

1don MSN

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

By Andrea Shalal, David Shepardson, Nandita Bose and Max A. Cherney WASHINGTON/SAN FRANCISCO (Reuters) -U.S. Commerce ...

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 ...

1don MSN

New Chip Deals Are Starting to Look More Sticks Than Carrots. What That Means for Chipmakers

Key Takeaways Commerce Secretary Howard Lutnick said the Trump administration is exploring how the U.S. could receive equity stakes in semiconductor companies with CHIPS Act grants.Such deals could ...