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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 the CHIPS Act. But the legality of any equity stake would likely be challenged by both Intel shareholders and competitors in the industry, according to the Times.
1don MSN
Exclusive-Trump weighs using $2 billion in CHIPS Act funding for critical minerals, sources say
The Trump administration is considering a plan to reallocate at least $2 billion from the CHIPS Act to fund critical minerals ...
Commerce Secretary Howard Lutnick told CNBC the U.S. government wants a stake in Intel in exchange for CHIPS Act grant money ...
U.S. Commerce Secretary Howard Lutnick is considering the federal government taking equity stakes in chipmakers receiving ...
2don MSN
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 ...
The Trump administration is aiming to take an equity stake in Intel, according to US commerce secretary Howard Lutnick.
The Trump administration may shift $2 billion from the CHIPS Act to support critical minerals projects, enhancing Commerce ...
U.S. Commerce Secretary Howard Lutnick is looking into the government taking equity stakes in Intel and other chipmakers in ...
The Trump administration is considering a plan to reallocate at least $2 billion from the CHIPS Act to fund critical minerals ...
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