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(Reuters) -Intel is in talks with other large investors to receive an equity infusion at a discounted price, CNBC reported on ...
Commerce Secretary Howard Lutnick said in a CNBC interview on Tuesday that the talks are aimed at converting US grants already made to Intel under the Chips and Science Act into non-voting ...
President Donald Trump wants the U.S. government to own a piece of Intel, less than two weeks after demanding the Silicon ...
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 on Tuesday confirmed the U.S. government is vying for a 10% stake in Silicon Valley ...
If it were to happen, Treasury Secretary Scott Bessent said the US wouldn't pressure companies to buy Intel chips. A possible deal would be for the US to exchange $10.9 billion in grants for a stake.
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