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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.
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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 ...
Taiwan Semiconductor Manufacturing Co.’s Arizona manufacturing plant has turned its first profit it began production at the ...
The Trump administration is considering taking equity stakes in companies getting funds from the 2022 CHIPS Act but has no ...
In an unprecedented move to foster national semiconductor production, the U.S. government has attained a 10% equity stake in ...
The Commerce Department oversees the $52.7 billion CHIPS Act, formally known as the CHIPS and Science Act. The act, signed ...
The Trump administration is aiming to take an equity stake in Intel, according to US commerce secretary Howard Lutnick.
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