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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 ...

TikTok will go dark in US if China doesn't agree to deal, Lutnick says

U.S. Commerce Secretary Howard Lutnick said on July 24 that if China does not accept a deal from the U.S. to sell the app, TikTok will go dark again.

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 ...

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 ...
Independent.ie on MSN18h

It’s not just Intel – Trump White House wants ‘piece of the action’ from all grant-aided chipmakers, says Howard Lutnick

US commerce secretary Howard Lutnick is looking into the White House taking equity stakes in Intel and other chipmakers in exchange for grants under the Chips Act, which aims to spur factory-building ...

Nvidia’s China deal controversy puts US officials on their back feet

Nvidia was blindsided earlier this year when the US government enacted tougher restrictions on selling artificial ...