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Taking Control of Semiconductors: Trump Targets Equity Stake in CHIPS-Funded Stocks
Owning the Means of Production The Trump administration’s push for a 10% equity stake in Intel (NASDAQ:INTC), leveraging $10.9 billion in CHIPS Act grants — $7.9 billion for domestic investments and $3 billion for defense microelectronics — has ignited debate.
President Donald Trump is looking to increase the federal government's stake in chip manufacturers that receive funding from ...
Lutnick just laughed it off, indignantly pointing out that “we were just giving away the money” under the previous terms of ...
Commerce Secretary Howard Lutnick said the Trump administration plans to convert federal funding pledged to Intel Corp. INTC ...
The Biden administration focused on investing in domestic chip production. President Trump is taking a different approach.
The Register on MSN1d
Uncle Sam eyes slice of Intel in return for CHIPS Act cash
Micron, TSMC, and more have also been awarded billions in subisidies The US government is considering taking a stake in Intel ...
TaiwanPlus on MSN23h
U.S. Commerce Department Weighs Taking Equity in CHIPS Act Recipients
The U.S. Department of Commerce is considering a deal to take an equity stake in Intel and other tech firms that received ...
The US government is weighing a plan to take roughly a 10% equity stake in Intel by converting part of the company’s awards ...
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