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Scott Lincicome: Commerce Secretary Lutnick urges tech leaders to work with Intel

Scott Lincicome: Commerce Secretary Lutnick urges tech leaders to work with Intel
Lutnick urges tech to support Intel

Scott Lincicome reports that Commerce Secretary Howard Lutnick has begun pressuring technology leaders to collaborate with Intel.

Lincicome highlights that each deal involves significant caveats and that Intel continues to lose money and market share.

Lutnick previously postponed the opening of a Canada-U.S. bridge to secure a larger share of toll revenue, with leverage over U.S. access cited as a factor, according to Lincicome's earlier reporting. In a separate analysis, Lincicome criticized rising farm subsidy costs and identified a 45 percent improper payment rate in the ECP as wasteful spending, as detailed here. The author’s coverage reflects continuing scrutiny of economic policy and government intervention.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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