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The Latest Breaking News from Howard Lutnick

White House reveals nebulous plans to put government data on the blockchain — 'The Department of Commerce is going to start issuing its statistics on the blockchain because you are the crypto president'

The White House announced plans to put statistics on 'the blockchain' for... reasons.

Tom’s Hardware

Commerce Secretary Lutnick: US GDP Statistics To Be Published On Blockchain

U.S. Commerce Secretary Howard Lutnick on Tuesday said the Department of Commerce will begin publishing its statistics on the blockchain, including gross domestic product (GDP).

Benzinga

US Considering Equity Stakes In Defense Contractors And More

US government exploring equity stakes in private businesses, focusing on defense contractors and strategic investments. Implications on economy and nationa...

Top News

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President Trump Makes Markets Move Again: Stock Market Today

The White House is moving ahead with plans to reshape the Federal Reserve and to buy shares in more sectors and stocks.

Kiplinger

Defense Stocks Rise As Trump Team Considers Buying Into Major Contractors

Commerce Secretary Howard Lutnick said Tuesday that the Trump administration is considering buying ownership stakes in major defense contractors, similar to its recent controversial move to acquire part of chipmaker Intel Corp. (NASDAQ:INTC).

Benzinga

Even Marjorie thinks Trump has lost the plot as she breaks with him over his latest anti-MAGA plan

MTG just called out Trump on Chinese students... awkward.

We Got This Covered

‘Zero self awareness’: Newsom trolls Trump deputy’s description of ‘crooks’ in government over Lisa Cook ouster

Trump’s ‘firing’ of Fed board governor scares Wall Street and sets up another protracted court battle

The Independent UK

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Will Trump Take a Stake in Palantir Stock Next?

The U.S. Commerce Secretary says the Trump administration is considering a stake in major defense contractors. Here’s why the government may acquire one in Palantir, and what it will mean for PLTR shares.

Barchart

MAGA ‘Shark Tank’ star rages against Trump’s ‘really, really bad idea’ to take stake in Intel

Kevin O’Leary’s condemnation of the Intel decision comes as the president’s top officials insist that the administration will be making similar moves down the line.

The Independent UK

U.S. gov't seizes $7.4 billion semiconductor research fund created under Biden admin, calling it 'illegal' — Lutnick says fund 'served as a semiconductor slush fund that did nothing but line the pockets of Biden loyalists with American tax dollars'

The US Commerce Department of the Trump administration has pulled back billions of dollars in funding for a non-profit aimed at promoting US chip design and fabrication, suggesting that its appointment under the Biden administration somehow made it inappropriate for distributing taxpayer funds.

Tom’s Hardware

US And Japan Set To Announce $550 Billion Mega Investment Deal, Says Howard Lutnick, But Tokyo Reportedly Resists Binding Terms

The U.S. government is preparing to formally announce a massive $550 billion investment from Japan this week, as stated by Commerce Secretary Howard Lutnick.

Benzinga

Intel Deal Splits Experts, Beijing Pressures Alibaba And ByteDance On Nvidia, Zuckerberg Reshuffles AI Again —Tech This Week

The past week has been a rollercoaster ride in the tech world. From President Donald Trump’s controversial stake in Intel Corporation to Beijing’s backlash against Nvidia Corporation and Mark Zuckerberg’s AI restructuring at Meta Platforms, the tech industry has been buzzing with activity. Let’s dive into the details.

Benzinga

Nvidia reportedly shows China-specific B30 chips with 80% of the performance of the standard Blackwell GPU to the U.S. government — Nvidia CEO says approval is still up in the air

Nvidia is still waiting for approval from the U.S. government to sell the B30 chip to China.

Tom’s Hardware

Trump says Intel will give US government a 10% stake in its business

Deal comes despite Trump calling for Intel CEO to resign earlier this month for being ‘highly conflicted’

The Independent UK

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The Guardian - US

Trump says Intel has agreed to give US government a 10% stake

Unprecedented deal comes after president demanded CEO Lip-Bu Tan to resign over his ties to Chinese firms

Tom’s Hardware

U.S. gov't will take a 9.9% ownership stake in Intel — Trump administration won't get a board seat and is set to serve as passive investor (Update)

The US government and Intel have come to a deal to give the US a 9.9% stake in the chipmaker's business.

PC Gamer

'I think the United States should be given 10% of Intel': US president Trump wants a piece of the action, says CEO Lip Bu Tan has already forked over $10 billion because he wants to 'keep his job'

The deal might already be done.

Fortune

Trump says Intel agreed to give the government 10% of the chipmaker. ‘We do a lot of deals like that. I’ll do more of them’

Commerce Secretary Howard Lutnick previously said the U.S. government should receive equity in return for the CHIPS Act cash grants Intel has received.

Get all your
news in one place.

100's of premium titles.
One news app.

Benzinga

Trump Says 10% Stake In Intel Is A Done Deal: 'I Think It's A Great Deal For Them'

Intel Corp. (NASDAQ:INTC) stock climbed more than 6% on Friday after President Donald Trump said the government should acquire roughly a 10% stake in the struggling chipmaker.

Tom’s Hardware

White House won't ask for ownership stake in TSMC or Micron in exchange for CHIPS Act funds — companies already investing more in the US expected to be exempt

CHIPS Act awardees that don’t expand their investment commitments might be asked to hand over some equity to the federal government.

Euronews

Nvidia reportedly orders suppliers to stop work on China AI chip but says new chip in the works

China reportedly told local tech companies to stop buying Nvidia's chips due to alleged security concerns, as the global AI race intensifies.

The Independent UK

Nvidia's CEO says it's in talks with Trump administration on a new chip for China

Nvidia CEO Jensen Huang says the company is discussing a potential new computer chip designed for China with the Trump administration

Tom’s Hardware

China tells tech giants to halt Nvidia H20 orders after U.S. official’s ‘addiction’ remark — Chinese leaders call Lutnick's comments 'insulting'

Sec. Lutnick’s remarks drew the ire of Chinese leaders who could have potentially drawn on historical parallels.

Benzinga

Taiwan Semiconductor Faces New Challenge As US Mulls Equity Stake Tied To CHIPS Act Subsidies

Semiconductor giant Taiwan Semiconductor Manufacturing Co (NYSE:TSM) faces a new challenge as U.S. officials explore taking equity stakes in chipmakers receiving CHIPS Act support, a strategy that Taiwan’s economic minister described Thursday as needing additional scrutiny before approval.

Tom’s Hardware

South Korea says there are no plans for the U.S. to acquire Samsung shares — denial comes amid talks about Washington acquiring a 10% equity stake in Intel for CHIPS Act funds

The Blue House is denying that the U.S. government wants to buy a stake in its crown jewel.

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