Our next guest is going to weigh in on the administration's intel state, future deals, the US China chip war, uh, and so much more. Commerce Secretary Howard Lutnik joins us this morning. Mr.. Secretary, it's great to see you. Uh, we want to talk about Intel. I also want to ask your thoughts, by the way, on the Lisa Cook situation, but let's start with Intel because I think there's a lot of questions in the business community this morning about what the administration's intention is as it relates to buying ...

Our next guest is going to weigh in on the administration's intel state, future deals, the US China chip war, uh, and so much more. Commerce Secretary Howard Lutnik joins us this morning. Mr.. Secretary, it's great to see you. Uh, we want to talk about Intel. I also want to ask your thoughts, by the way, on the Lisa Cook situation, but let's start with Intel because I think there's a lot of questions in the business community this morning about what the administration's intention is as it relates to buying ...

Friday night breaking news. It's on Intel. Intel stock is higher by about 6%. On news the US is going to or maybe already has taken a 10% stake in the company. Aean Javvers covering the story. Aean joining us from the White House. Aean, what do we know? >> Well, we know that the US government already has taken that stake according to officials and the company itself now putting out a press release. Let's start with the president of the United States though who just put out a social media post just a couple ...

Unlike Intel, Taiwan Semiconductor Manufacturing Company and Micron may not be required to give up stakes in exchange for their CHIPS Act grants, following some signs of pushback in early talks. https://t.co/7JLbR3YIYj ...

Lip-Bu Tan, chief executive officer of Intel Corp., departs following a meeting at the White House in Washington, DC, US, on Monday, Aug. 11, 2025.Intel shares rose about 6% on Friday after Bloomberg reported that the Trump administration is poised to announce that the U.S. government will take an equity stake in the struggling chipmaker.Following the report, President Donald Trump said the government should get about 10% of the company, which has a market cap of just over $100 billion.  "They've agreed to ...

The government is investigating taking possible equity stakes in computer chip companies that receive funding from the chips act passed under former President Biden. Joining us right now is Mike Schmidt. He served as the director of the CHIPS program under President Biden.He's a distinguished visitor at Princeton University. And uh Mike, there's been a a lot of vim and vigor, a lot of talk about what this means, these changes that might take place. Um what do you think about it.Well, thanks Becky. uh certai ...

In this article TXN When Texas Instruments announced a $60 billion manufacturing megaproject in July, it was a bold bet that companies would want to mass produce foundational microchips on U.S. soil. In August, Apple vowed to do just that. During the same Oval Office press conference where President Donald Trump announced a 100% tariff on chips from companies not manufacturing in the U.S., Apple CEO Tim Cook upped his companies' U.S. spending commitment to $600 billion over the next four years, up from an o ...

Core Insights - Nvidia CEO Jensen Huang praised Taiwan Semiconductor Manufacturing Co. (TSMC) during his visit to Taiwan, suggesting that investing in TSMC would be a wise decision [1][2] - Huang's visit aimed to express gratitude to TSMC for their collaboration on Nvidia's next-generation AI chip platform, Rubin [2] - The U.S. administration is exploring equity stakes in tech companies, particularly those receiving funding under the CHIPS Act, which includes TSMC [1][3] Company Developments - TSMC is developing six new products for Nvidia, including a new central processing unit (CPU) and a general processing unit (GPU) focused on advanced AI computations [3] - The CHIPS Act, enacted in 2022, aims to bolster U.S. semiconductor manufacturing, with TSMC set to receive $6.6 billion to establish three advanced chip fabrication plants in Arizona [4]

Group 1 - The U.S. government is considering taking an equity stake in Taiwan Semiconductor Manufacturing Company (TSMC) following the CHIPS Act, which supports the semiconductor industry [1][3][4] - TSMC was awarded $6.6 billion in U.S. government semiconductor subsidies, similar to Intel's $10.9 billion grant [3][4] - If the U.S. government converts its $6.6 billion grant into an equity stake in TSMC, it would remove that amount from TSMC's balance sheet while still allowing the company to retain the funds [5] Group 2 - There are concerns that if the government only invests in Intel and not in TSMC, it could create a competitive disadvantage for TSMC, potentially harming its market position [6]

ToplineA broader decline for tech stocks was headlined by Nvidia, Intel and Palantir during intraday trading Wednesday, following a report the Trump administration may seek equity in firms receiving federal grants under the Biden-era CHIPS Act. Lutnick said the government want to acquire an equity stake in Intel in exchange for grants earmarked under the CHIPS Act.NurPhoto via Getty ImagesKey FactsCommerce Secretary Howard Lutnick is considering a plan in which the U.S. will gain equity stakes in chipmakers ...