CNBC's Eamon Javers reports on U.S. Commerce Secretary Howard Lutnick's announcement that the United States government now ...

Lutnick just laughed it off, indignantly pointing out that “we were just giving away the money” under the previous terms of ...

Commerce Secretary Howard Lutnick confirmed discussions between the US and Intel Corp. for the government to take a stake in ...

Commerce Secretary Howard Lutnick confirmed discussions between the US and Intel Corp. for the government to take a stake in ...

The potential deal would convert the CHIPS ACT grants into equity, but wouldn't come with governance rights in Intel, Lutnick ...

Commerce Secretary Howard Lutnick on Tuesday confirmed that the government wants Intel to cough up a 10% equity stake in ...

Lutnick said the agreement is beneficial to both parties but no details on the arrangement have been released so far.

President Trump said Friday that Intel has agreed to give the U.S. government a 10 percent stake in the company. “They’ve ...

Howard Lutnick said the Trump administration plans to convert federal funding pledged to Intel under the CHIPS Act into an ...

President Donald Trump says the US government is taking a 10 percent stake in chip maker Intel. Trump shared the news during ...

The S&P 500, Nasdaq Composite, and Dow Jones Industrial Average have gone for a wild ride since President Trump took office.

The Trump administration is considering taking a stake in Intel as a means of boosting the struggling U.S. chipmaker, ...