CHIPS, Intel and Trump
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Intel, CNBC
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1don MSN
Trump eyes US government stakes in other chip makers that received CHIPS Act funds, sources say
U.S. Commerce Secretary Howard Lutnick is looking into the federal government taking equity stakes in computer chip manufacturers that receive CHIPS Act funding to build factories in the country, two sources said.
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 Bloomberg. The deal could help accelerate the construction of Intel’s long-delayed semiconductor manufacturing plant in Ohio.
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 the CHIPS Act
The Register on MSN14h
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 and other semiconductor companies that benefit from CHIPS Act funding, according to officials from the Trump administration.
Treasury Secretary Scott Bessent said the White House wouldn't try to flex its power with a stake in Intel.
12h
tom's Hardware on MSNWhite 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.