US commerce secretary Howard Lutnick is looking into the White House taking equity stakes in Intel and other chipmakers in exchange for grants under the Chips Act, which aims to spur factory-building ...

Liberal U.S. Senator Bernie Sanders on Wednesday threw his support behind President Donald Trump's plan to convert U.S.

Sen. Rand Paul (Ky.), a libertarian-minded Republican, criticized the Trump administration’s push to acquire a stake in U.S.

US Secretary of Commerce Howard Lutnick recently stated in interviews that the government should not only offer free subsidies but also acquire non-voting stakes to safeguard American taxpayers' ...

Intel stock falls as the company seeks more investors after SoftBank deal and Trump administration considers equity stake.

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

After making deals with the president to avoid punitive executive orders, Paul Weiss and Kirkland & Ellis are helping the Commerce Department.

"This is a horrible precedent. This is socialism. All of you people were freaked out about Mamdani in New York City" ...

Two sources familiar with the discussions told Reuters that US Commerce Secretary Howard Lutnick has floated the idea in connection with an ongoing plan to acquire ...

But Intel wasn't alone in winning CHIPS Act grants. As CNBC points out, Taiwan Semiconductor (TSMC) was awarded $6.6 billion ...

The U.S. Commerce Department is weighing whether to take an equity stake in Intel and other chip companies in exchange for ...

Shares of the struggling chipmaker have rallied on reports that the U.S. is in talks for a potential equity stake.