The Trump administration is in talks to secure a 10% stake in Intel in exchange for converting government grants that were pledged to Intel under U.S. President Joe Biden. If the deal is completed, ...

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 ...

At least two large law firms that struck deals with President Donald Trump to avoid punitive executive orders have committed to doing free legal work for the Commerce Department, according to two ...

After months of turbulence, Intel Corp. bulls are finally being rewarded for their patience. But the stock’s sudden rebound comes with a worrying side effect: a valuation so high its most ...

Sen. Rand Paul (Ky.), a libertarian-minded Republican, criticized the Trump administration’s push to acquire a stake in U.S.

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 ...

Key Takeaways Commerce Secretary Howard Lutnick said the Trump administration is exploring how the U.S. could receive equity stakes in semiconductor companies with CHIPS Act grants.Such deals could ...

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

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