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The Latest Breaking News from Howard Lutnick

Trump's Rx for confusion: How a push for tariffs complicated his pharma plan

The president's road to settling on a plan to lower prescription drug costs was rocky.

Axios

Nvidia Gains As US Greenlights Major AI Deal With UAE

Nvidia (NASDAQ:NVDA) stock gained on Thursday after Washington approved billions of dollars in Nvidia chip exports to the United Arab Emirates (U.A.E.).

Benzinga

Eric Trump leads MAGA calls for president to win Nobel Peace Prize after ‘historic’ Gaza peace deal

Donald Trump has long lobbied for the accolade and could be closer than ever to getting it

The Independent UK

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White House Hails Trump As 'The Peace President' After Israel-Hamas Breakthrough, Fuels Push For Nobel Peace Prize Ahead Of Friday's Announcement

On Wednesday, the White House celebrated Donald Trump's announcement of a historic Israel-Hamas peace agreement — calling him "The Peace President" — as momentum builds for the president to receive the 2025 Nobel Peace Prize.

Benzinga

Watch: Emotional moment Donald Trump tells Israeli hostage families their loved ones are coming home

The US president announced that Israel and Hamas will begin releasing hostages and prisoners, with Sir Keir Starmer calling it a ‘moment of profound relief felt around the world’

Evening Standard

Trump Administration Now Holds Stakes In 5 Public Companies: Here's A List—INTC, MP, LAC And More

In a significant shift in U.S. industrial policy, the Donald Trump administration has acquired direct ownership stakes in five major publicly traded companies. This series of interventions, framed as a national security strategy, marks a new era of government involvement in key industries to secure domestic supply chains for semiconductors,…

Benzinga

Taiwan Rejects 50–50' Chip Production Demand, Ming-Chi Kuo Explains Real Bottleneck Lies In America's Labor And Regulation, Not TSMC

Earlier this month, Taiwan firmly rejected the Donald Trump administration's proposal for an even split in semiconductor production between the U.S. and Taiwan.

Benzinga

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Nvidia CEO Jensen Huang frustrated by UAE AI chip delay, claims report — White House said to be pressing nation to finalize U.S. investments before chip deliveries are authorized

Nvidia cannot start shipping its AI chips to the UAE, as the country is reportedly yet to finalize its investments in the U.S.

Tom’s Hardware

Taiwan proposes strategic tech alliance with the White House — "Taiwan Model" would help companies invest easily in the U.S. to satisfy demands

The "Taiwan Model" has been proposed by a new delegation that seeks to form a high-tech alliance between Taiwan and the U.S., whereby the former will help its companies make investments in the U.S. to satisfy demands for expansion into the country.

Tom’s Hardware

Nvidia CEO Jensen Huang Reportedly Frustrated As Trump's Commerce Secretary Slows UAE Chips Deal Over China Link

A multibillion-dollar deal for Nvidia Corporation (NASDAQ:NVDA) to supply advanced AI chips to the UAE has been stalled for months, reportedly frustrating CEO Jensen Huang as U.S. Commerce Secretary Howard Lutnick pushes Abu Dhabi to finalize investments before shipments proceed.

Benzinga

U.S. Commerce Sec. Lutnick says American AI dominates DeepSeek, thanks Trump for AI Action Plan — OpenAI and Anthropic beat Chinese models across 19 different benchmarks

NIST just released a study showing OpenAI's and Anthropic's models defeating DeepSeek in several benchmarks.

Tom’s Hardware

Taiwan refuses to move half of U.S.-bound chip production to American shores — trade discussion to be focused on Section 232 investigation for preferential deal on semiconductors

The White House wants to move at least 50% of U.S.-bound chip production into the United States, but Taiwan says no.

Tom’s Hardware

Taiwan Says 'Will Not Agree' To Making 50% Of Its Chips In US

Taiwan "will not agree" to making 50 percent of its semiconductors in the United States, the island's lead tariff negotiator said Wednesday, as Washington pressures Taipei to produce more chips on US soil.

International Business Times

Trump Turns Uncle Sam Into a Shareholder: Inside His Shock $11B Intel Stake and the Companies Next on His List

The Trump Administration has been aggressively pursuing equity stakes in major US private firms since July.

International Business Times UK

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news in one place.

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Benzinga

Trump And Lutnick Demand: Half Of America's Chips Must Be Made At Home—Or Else

President Donald Trump and Commerce Secretary Howard Lutnick have placed a bold demand on the global semiconductor industry: half of all chips used in America must be manufactured in America.

Benzinga

Why This Investor Is Trimming His Largest Holding Taiwan Semiconductor

Contract chipmaker Taiwan Semiconductor Manufacturing Co. (NYSE:TSM) stock trended Tuesday as escalating geopolitical tensions sharpen Washington’s push to shift critical semiconductor production to the United States.

Benzinga

Why Washington Wants Half Of America's Chips Made Locally

Taiwan Semiconductor Manufacturing Co. (NYSE: TSM) stock gained on Monday amid renewed geopolitical and supply chain discussions, as the United States intensifies its efforts to onshore semiconductor production.

Tom’s Hardware

US Commerce head notes China 'isn't even shy' about its goal to 'take' Taiwan, says US-Taiwan tariff deal coming soon — goal is to have 40% of chips made in America

Commerce Secretary Howard Lutnick said Saturday that a major semiconductor deal with Taiwan was coming “pretty soon,” signaling a potential breakthrough in U.S. efforts to shore up domestic chip production.

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news in one place.

100's of premium titles.
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Benzinga

Trump Will 'Forgive' But Not Forget Elon Musk's 'Negativity,' Says Howard Lutnick: 'I Don't Think The President...'

Commerce Secretary Howard Lutnick said President Donald Trump might "forgive" Elon Musk but won't forget the "negativity" surrounding his exit from government ties.

The Independent UK

Simon Harris to meet US commerce secretary in Washington DC

Ireland’s Foreign Affairs Minister is also due to officially open a new Irish embassy in the US capital.

The Guardian - US

What to know about Trump’s new $100,000 H-1B visa fee

White House proclamation announcing new visa fees has prompted questions and confusion – here’s what to know

Axios

Trump's immigration crackdown could stunt his blockbuster economic aims

Corporations will now have to pay a $100,000 fee to apply for H-1B visas.

Windows Central

Microsoft reacts to President Trump's shocking $100K H-1B visa fee — "creating anxiety and uncertainty"

It was a frantic weekend for Microsoft following Trump's $100,000 H-1B visa fee announcement, but some of the concern was unfounded due to confusing guidance. Here's what we know so far.

Benzinga

Trump Halts US Steel Plant Closure Using 'Golden Share' Authority: Report

President Donald Trump has exercised his administration’s “golden share” authority to prevent the shutdown of a U.S. Steel plant in Granite City, Illinois.

Al Jazeera

US says $100,000 fee for H-1B visas will not apply to existing holders

As Trump’s order stirs anxiety, White House says the fee applies to new applicants and will be levied per application.

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