The Trump administration is considering taking equity stakes in companies getting funds from the 2022 CHIPS Act but has no ...

It is also to boost Commerce Secretary Howard Lutnick’s influence over the strategic sector. Read more at straitstimes.com.

(Reuters) -The Trump administration is considering taking equity stakes in companies receiving funds from the 2022 CHIPS Act ...

The unusual deal would deepen the Trump administration’s financial ties with major computer chip manufacturers and punctuate ...

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

Conservative radio host Erick Erickson called the equity stake plan “terrible” and said it was “actual socialism happening by ...

Commerce Secretary Howard Lutnick is suggesting the U.S. government should take a 10% stake in Intel in exchange for federal support. Conservative radio host Erick Erickson sounded the alarm, calling ...

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

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' ...