During a budget hearing held by the Senate Appropriations Committee several weeks ago, Commerce Secretary Howard Lutnick ...

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

U.S. Commerce Secretary Howard Lutnick is looking into the government taking equity stakes in Intel and other chipmakers in ...

On July 31, the agency summoned Nvidia executives over alleged “serious security issues”. In a statement, the CAC claimed that US AI experts had revealed Nvidia’s chips have location tracking and can ...

U.S. Commerce Secretary Howard Lutnick is looking into the federal government taking equity stakes in computer chip ...

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

U.S. Commerce Secretary Howard Lutnick joins CNBC's 'Squawk on the Street' to discuss the possibility of a government stake ...

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

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

The move by the U.S. could open the door for similar deals with other chipmakers that received grants under the Chips Act ...

The U.S. commerce secretary said the funds promised by Tokyo in the course of tariff talks will be deployed to benefit the ...

Commerce Secretary Howard Lutnick said he’d support consolidation as a means to make the US freight rail industry more ...