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CHIPS, Intel and US government

Commerce Secretary Lutnick says Intel needs to give government stake for CHIPS funding

Commerce Secretary Howard Lutnick on Tuesday confirmed that the government wants Intel to cough up a 10% equity stake in exchange for nearly $8 billion in CHIPS Act funding approved by the Biden administration. Lutnick said the the stake would be a return on its “investment” in the struggling chipmaker.

Reuters on MSN · 3d

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.

The News International · 42m

US government acquires 10% stake in Intel in landmark CHIPS Act deal

In an unprecedented move to foster national semiconductor production, the U.S. government has attained a 10% equity stake in Intel Corporation. Intel is an American multinational technology

CHIPS, Trump

The Wall Street Journal on MSN · 1d

How Trump Will Decide Which Chips Act Companies Must Give Up Equity

Administration isn’t eyeing equity in semiconductor companies that are increasing U.S. investment like TSMC and Micron, but may take stakes in others.

Engadget on MSN · 19h

Trump administration official says some CHIPS Act companies won't need to give up equity

Unlike Intel, TSMC will reportedly not have to give up any equity to the US government after receiving funds under the CHIPs Act.

Bloomberg L.P. · 19h

Trump Won’t Seek Equity in Chipmakers Investing in US

An official telling Bloomberg that the Trump administration will not seek equity stakes in chipmakers such as Micron and TSMC. If you were waiting for that because those chi

2don MSN

Chip Stocks Fall 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 ...

Howard Lutnick Calls CHIPS Act a ‘Giveaway to Rich Companies’ Like Intel

Lutnick just laughed it off, indignantly pointing out that “we were just giving away the money” under the previous terms of ...

'Trump Wasn't Hired To Run A Hedge Fund,' Says Peter Schiff As Intel Deal Divides Experts Amid Calls To Break Taiwan Dependence For Chips

President Donald Trump's announcement that the U.S. government now holds a 10% stake in Intel, valued at $11 billion, has sparked sharp debate, with economist Peter Schiff calling it unconstitutional ...

1don MSN

Exclusive-Trump weighs using $2 billion in CHIPS Act funding for critical minerals, sources say

The Trump administration is considering a plan to reallocate at least $2 billion from the CHIPS Act to fund critical minerals ...

19hon MSN

Trump Weighs Using CHIPS Act Funding for Critical Minerals

Trump may redirect $2B in CHIPS Act funds to secure minerals vital for semiconductors, reducing US reliance on China’s ...

DatacenterDynamics19h

Trump administration looking to reallocate $2bn in CHIPS Act funds to support critical minerals sector - report

The Trump administration has floated plans to reallocate $2 billion in CHIPS and Science Act funding to support critical ...

21h

Nvidia’s Jensen Huang calls TSMC stock buyers ‘very smart’ as US mulls chip equity stakes

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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