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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.
19hon MSN
Nvidia And Intel Lead Tech Stock Drop As White House Reportedly Seeks Equity For CHIPS Grants
Commerce Secretary Howard Lutnick told CNBC the U.S. government wants a stake in Intel in exchange for CHIPS Act grant money ...
Intel stock falls as the company seeks more investors after SoftBank deal and Trump administration considers equity stake.
The US government is in discussions to potentially take a partial ownership stake in Intel, according to an Aug. 18 report by ...
Yet Intel still matters, as Mr Trump’s interest shows. The most advanced chips, vital for smartphones and AI, are now made almost entirely by TSMC. America’s tech giants depend on it. Such reliance on ...
Lutnick just laughed it off, indignantly pointing out that “we were just giving away the money” under the previous terms of ...
The Register on MSN22h
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 ...
Treasury Secretary Scott Bessent said the White House wouldn't try to flex its power with a stake in Intel.
tom's Hardware on MSN20h
White House confirms talks to acquire 10% stake in Intel — 'We should get an equity stake for our money'
The U.S. wants to get 10% of Intel in exchange for the billions of dollars it’s giving it under the CHIPS Act.
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