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Commerce Secretary Howard Lutnick told CNBC the U.S. government wants a stake in Intel in exchange for CHIPS Act grant money ...
The proposed move would take from funds already allocated by Congress for semiconductor research and chip factory ...
Conservatives, who often support President Donald Trump and his agenda, are sounding alarm bells about the government possibly having equity in private businesses. In a post on X, Sen. Rand Paul, ...
The Trump administration is aiming to take an equity stake in Intel, according to US commerce secretary Howard Lutnick.