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Bessent went on to add in a further interview with CNBC he expects tariff revenues under President Trump to exceed his ...
Sen. Rand Paul and conservative commentator Erick Erickson expressed concerns about the Intel idea, the pair describing it as "socialism." ...
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Trump tariffs live updates: China turns away from Nvidia AI chip after 'insulting' Lutnick remarks
China-specific AI chip after US Commerce Secretary Howard Lutnick made comments officials found "insulting." Chinese regulators are now trying to discourage domestic tech firms from buying the H20 ...
Beijing tells tech giants to dump AI chip after US boasts spark fury The Middle Kingdom is quietly telling its top tech outfits to give up on buying the H20, a neutered AI chip from Nvidia, after a ...
Market talk may be of fiscal dominance in the U.S. debt market but Washington’s startling moves to take a direct stake in its leading chipmakers look like industrial policy on overdrive - alarming ...
Beijing’s move to restrict sales of Nvidia’s China-specific artificial intelligence processor was prompted by remarks from US ...
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Why Intel Stock Is Sinking Today
Shares of Intel (NASDAQ: INTC) are falling on Wednesday, down 7% as of 12:14 p.m. ET. The drop comes as the S&P 500 and ...
The Trump administration is in talks to secure a 10% stake in Intel in exchange for converting government grants that were ...
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'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 pretentiously talked down to Senator Gary Peters (D-MI) for asking questions.
Though not yet enacted, experts see a threatened 40-percent tariff on transshipped goods as a serious risk given Southeast Asia’s deep connection with Chinese manufacturers.
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