U.S. Commerce Secretary Howard Lutnick is spearheading a plan for the government to take equity stakes in Intel and other chip companies in exchange for grants under the CHIPS Act. This move aims to ...

Intel’s share price has surged 28% this month, adding about US$24 billion (A$36 billion) in market value. The rebound follows ...

U.S. Commerce Secretary Howard Lutnick is weighing whether the federal government should take equity stakes in semiconductor ...

Commerce Secretary Howard Lutnick is exploring government equity stakes in Intel and other chip companies for CHIPS Act grants. This strategy aims to boost U.S. manufacturing. The move, backed by ...

U.S. Commerce Secretary Howard Lutnick is looking into the federal government taking equity stakes in computer chip ...

U.S. Commerce Secretary Howard Lutnick is looking into the government taking equity stakes in Intel as well as other chip ...

MSCI's broadest index of Asia-Pacific shares outside Japan fell 0.47%, as did stock futures in Europe and the U.S.. EUROSTOXX ...

The heaviest weight on the market was Nvidia, whose chips are powering much of the move into AI. It sank 3.5%.

In its latest push into A.I. and semiconductors, SoftBank yesterday (Aug. 18) announced a $2 billion investment in Intel. The ...

The Commerce Department is continuing to work on the prospect of the U.S. government taking a 10% stake in Intel, the White ...

Commerce Secretary Howard Lutnick confirmed discussions between the US and Intel Corp. for the government to take a stake in ...

Wall Street is edging further from its records. NEW YORK (AP) — Wall Street is edging lower on Tuesday following drops for ...