Rather than establishing these operations within the Department, however, Biden Administration officials spent significant ...

President DOnald Trump on Monday touted his deal with Intel, pushing back on criticism, asking, "Why are 'stupid' people ...

Lutnick just laughed it off, indignantly pointing out that “we were just giving away the money” under the previous terms of ...

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

Commerce Secretary Howard Lutnick said the Trump administration plans to convert federal funding pledged to Intel Corp. INTC ...

Lutnick said the agreement is beneficial to both parties but no details on the arrangement have been released so far.

The proposed move would take from funds already allocated by Congress for semiconductor research and chip factory ...

Commerce Secretary Howard Lutnick on Tuesday confirmed that the government wants Intel to cough up a 10% equity stake in ...

U.S. Commerce Secretary Howard Lutnick is considering the federal government taking equity stakes in chipmakers receiving ...

The Trump administration is aiming to take an equity stake in Intel, according to US commerce secretary Howard Lutnick.

The move by the U.S. could open the door for similar deals with other chipmakers that received grants under the Chips Act ...