Sen. Rand Paul and conservative commentator Erick Erickson expressed concerns about the Intel idea, the pair describing it as "socialism." ...

The U.S. government wants an equity stake in Intel in exchange for cash grants approved during the previous administration, ...

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 ...

US Secretary of Commerce Howard Lutnick recently stated in interviews that the government should not only offer free subsidies but also acquire non-voting stakes to safeguard American taxpayers' ...

President Donald Trump is looking to increase the federal government's stake in chip manufacturers that receive funding from ...

The Trump administration is considering taking a stake in Oregon’s largest private employer before sending already promised federal funding.

"This is a horrible precedent. This is socialism. All of you people were freaked out about Mamdani in New York City" ...

Two sources familiar with the discussions told Reuters that US Commerce Secretary Howard Lutnick has floated the idea in connection with an ongoing plan to acquire ...

Owning the Means of Production The Trump administration’s push for a 10% equity stake in Intel (NASDAQ:INTC), leveraging ...

The Trump administration is testing a simple proposition: if Washington funds you, Washington should own a piece of you.

US Commerce Secretary Howard Lutnick said on Tuesday that chipmaker Intel should give the government an equity stake in the company in exchange for grants earlier committed by former president Joe ...

Liberal U.S. Senator Bernie Sanders on Wednesday threw his support behind President Donald Trump's plan to convert U.S.