Commerce Chief Says Past Intel Grant Had No Strings Attached

US Commerce Secretary Lutnick said in a CNBC interview on 26 Aug 2025 that a prior federal grant awarded to Intel Corp. was issued with no conditions attached, characterising it as a giveaway that “asked for nothing.” Lutnick added that the government and Intel now agree any future support must be structured to be “fair for us,” signalling the administration’s intent to impose stricter terms on additional subsidies for the chipmaker.