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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.
Administration isn’t eyeing equity in semiconductor companies that are increasing U.S. investment like TSMC and Micron, but ...
Last week, the Trump administration said it might take a stake in Intel in exchange for the $10.86 billion in federal grants the company is receiving from the Chips and Science (CHIPS) Act. However, ...
The Trump administration has floated plans to reallocate $2 billion in CHIPS and Science Act funding to support critical ...
Conservatives, who often support President Donald Trump and his agenda, are sounding alarm bells about the government possibly having equity in private businesses. In a post on X, Sen. Rand Paul, ...
Commerce Secretary Howard Lutnick told CNBC the U.S. government wants a stake in Intel in exchange for CHIPS Act grant money ...
Lutnick just laughed it off, indignantly pointing out that “we were just giving away the money” under the previous terms of ...
Nvidia CEO Jensen Huang praises TSMC as US weighs CHIPS Act equity stakes, while Nvidia faces China setback on H20 chip ...
The Register on MSN2d
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 ...
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