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Commerce Secretary Howard Lutnick told CNBC the U.S. government wants a stake in Intel in exchange for CHIPS Act grant money ...
U.S. Commerce Secretary Howard Lutnick is looking into the government taking equity stakes in Intel and other chipmakers in ...
U.S. Commerce Secretary Howard Lutnick is looking into the federal government taking equity stakes in computer chip ...
Lutnick just laughed it off, indignantly pointing out that “we were just giving away the money” under the previous terms of ...
The investment will make SoftBank Intel’s fifth biggest investor, with the conglomerate paying $23 per share of Intel common ...
Federal officials are considering the move because Intel, the last leading-edge chipmaker in the United States, has been ...
The government’s plan is under consideration just as SoftBank Group Corp. announced a surprise bet on Intel’s revival, ...
The U.S. chipmaker has struggled to keep pace in the AI market alongside competitors like Nvidia. Softbank has agreed to buy ...
Intel's rocky ties with TSMC, strained after Pat Gelsinger's "rude" Taiwan remarks and the loss of a key wafer discount, have left the chipmaker battling billions in foundry losses, mounting ...
The U.S. government may want an equity stake hold in chipmakers like Taiwan's TSMC in exchange for CHIPS Act subsidies. The ...
The US government may seek stakes in Samsung, TSMC, and Micron after Intel, converting CHIPS Act grants into equity.
US government is considering equity stakes in companies receiving CHIPS Act funding, including TSMC, Micron, Samsung, and ...