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China, NVIDIA and Lutnick

Howard Lutnick’s ‘insulting’ remarks about Nvidia’s H20 chips irk China: report

Chinese officials are peeved over Commerce Secretary Howard Lutnick’s “insulting” remarks about Nvidia’s H20 computer chip — and are now pressuring domestic firms not

Engadget on MSN · 3d

China reportedly discouraged purchase of NVIDIA AI chips due to 'insulting' Lutnick statements

Chinese regulators reportedly dissuaded local companies from purchasing NVIDIA's H20 chips, because they found certain statements by US commerce secretary Howard Lutnick "insulting." According to the Financial Times,

Barron's on MSN · 2d

Nvidia Stock Rises. It Still Has AI Chip Problems in China but CEO Says Demand Is Strong

Nvidia stock was rising along with most of the market. CEO Jensen Huang said Friday that the company’s H20 chip in China ”has no security back doors.”

Intel will give U.S. government a 10% stake, Trump says

The Hill on MSN · 2d

Trump says Intel has agreed to give US 10 percent stake

President Trump said Friday that Intel has agreed to give the U.S. government a 10 percent stake in the company. “They’ve agreed to do it, and I think it’s a great deal for

OregonLive.com on MSN · 5d

Trump administration says it wants ‘nonvoting’ stake in Intel

The Commerce secretary outlined a plan to blend the private and public sectors but denied it represents "state capitalism."

CNET · 1d

US Government Makes $8.9B Investment to Take 10% Stake in Intel

The US government has officially taken a 10% stake in Intel in what seems to be a bid to save the chip maker, Secretary of Commerce Howard Lutnick unveiled in a post on X on Friday. Intel confirmed its agreement with the Trump Administration in a press release issued late Friday,

2don MSN

U.S. owns 10% of Intel, says Commerce Secretary Howard Lutnick

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

FreightWaves2d

Lutnick backs Union Pacific-Norfolk Southern rail merger

U.S. Commerce Secretary Howard Lutnick backed Union Pacific’s proposed $72 billion takeover of Norfolk Southern, saying it ...

4don MSN

Trump Admin To Turn Intel's CHIPS Act Grants Into Equity, Says Howard Lutnick: 'Why Are We Giving A Company Worth $100 Billion, This Kind of Money?'

Commerce Secretary Howard Lutnick said the Trump administration plans to convert federal funding pledged to Intel Corp. INTC ...

Mediaite on MSN3d

‘This is Socialism!’ Conservative Radio Host Slams Trump Admin For Wanting Stake In Private Company

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

IPWatchdog13d

Lutnick Warns Harvard of Plan to March In on Patents

U.S. Secretary of Commerce Howard Lutnick on Friday, August 8, sent a letter to Harvard University President Alan Garber ...

5don MSN

Commerce Secretary Lutnick says Intel needs to give government stake for CHIPS funding

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

2don MSN

Trump administration not seeking equity stakes in TSMC, Micron - report

The Trump administration is weighing equity stakes in some companies receiving CHIPS Act funding but does not plan to seek ...

5don MSN

Trump eyes US government stakes in other chip makers that received CHIPS Act funds, sources say

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

Howard Lutnick Calls CHIPS Act a ‘Giveaway to Rich Companies’ Like Intel

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

Slingshot News on MSN4d

'No One's Explained It To You': Trump Sec. Howard Lutnick Talks Down To Senator, Tries To Educate Him For Asking The 'Wrong' Questions In Hearing

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

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