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Intel, Howard Lutnick and Commerce Secretary

CNBC on MSN · 1d

U.S. owns 10% of Intel, says Commerce Secretary Howard Lutnick

CNBC's Eamon Javers reports on U.S. Commerce Secretary Howard Lutnick's announcement that the United States government now owns 10% of Intel.

NBC News on MSN · 5d

U.S. seeks equity stake in Intel, Commerce Secretary Lutnick says

The U.S. government aims to take an equity stake in Intel, Commerce Secretary Howard Lutnick said Tuesday morning.“We should get an equity stake for our money, so we’ll deliver the money which was already committed under the Biden administration,

New York Post on MSN · 4d

Commerce Secretary Lutnick says Intel needs to give government stake for CHIPS funding

Commerce Secretary Howard Lutnick on Tuesday confirmed that the government wants Intel to cough up a 10% equity stake in exchange for nearly $8 billion in CHIPS Act funding approved by the Biden administration. Lutnick said the the stake would be a return on its “investment” in the struggling chipmaker.

Just The News1d

Commerce Sec Howard Lutnick signals Intel deal has been completed: US 'now owns 10%' of company

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

1don MSN

Trump says Intel has agreed to give US 10 percent stake

President Trump said Friday that Intel has agreed to give the U.S. government a 10 percent stake in the company. “They’ve ...

4d

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 ...

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