Two sources familiar with the discussions told Reuters that US Commerce Secretary Howard Lutnick has floated the idea in ...

The Trump administration is considering a plan to reallocate at least $2 billion from the CHIPS Act to fund critical minerals ...

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 ...

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

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 ...

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

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' ...

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