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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.
1don 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 faces financial turbulence in 2025, seeking equity from SoftBank, institutional investors, and even the U.S. government as it undertakes a dramatic turnaround in the semiconductor race.
The back-to-back news items signal a public and private sector commitment to domestic semiconductor production and underscore Intel's importance.
Lutnick just laughed it off, indignantly pointing out that “we were just giving away the money” under the previous terms of ...
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 ...
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 ...
Treasury Secretary Scott Bessent said the White House wouldn't try to flex its power with a stake in Intel.
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