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The Trump administration clawed back more than $7.4 billion in taxpayer dollars from a nonprofit group created under the ...
Rather than establishing these operations within the Department, however, Biden Administration officials spent significant ...
Lutnick just laughed it off, indignantly pointing out that “we were just giving away the money” under the previous terms of ...
President DOnald Trump on Monday touted his deal with Intel, pushing back on criticism, asking, "Why are 'stupid' people ...
U.S. Commerce Secretary Howard Lutnick is looking into the federal government taking equity stakes in computer chip ...
The potential deal would convert the CHIPS ACT grants into equity, but wouldn't come with governance rights in Intel, Lutnick ...
The S&P 500, Nasdaq Composite, and Dow Jones Industrial Average have gone for a wild ride since President Trump took office.
The Commerce Department oversees the $52.7 billion CHIPS Act, formally known as the CHIPS and Science Act. The act, signed ...
Commerce Secretary Howard Lutnick on Tuesday confirmed that the government wants Intel to cough up a 10% equity stake in ...
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 ...
The Trump administration is considering a plan to reallocate at least $2 billion from the CHIPS Act to fund critical minerals ...