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Intel will give U.S. government a 10% stake, Trump says

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

TechSpot · 3d

Along with Intel, the US government is exploring taking equity stakes in TSMC, Micron, and Samsung through CHIPS Act

Two sources familiar with the discussions told Reuters that US Commerce Secretary Howard Lutnick has floated the idea in connection with an ongoing plan to acquire

The Washington Post on MSN · 1d

Trump makes deal giving U.S. government a 10% share of Intel

The president put the value of the “deal” at around $10 billion, saying he told the chipmaker’s chief executive that “it would be good having the United States as your partner” and “they’ve agreed to do it.

2don 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 ...

DatacenterDynamics1d

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 ...

1don MSN

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

Last week, the Trump administration said it might take a stake in Intel in exchange for the $10.86 billion in federal grants the company is receiving from the Chips and Science (CHIPS) Act. However, ...

Reuters4mon

Trump sets up new office to manage CHIPS Act and speed up investments

The United States Investment Accelerator within the Commerce Department will oversee implementing the CHIPS and Science Act, a 2022 law that made $52.7 billion in subsidies available for ...

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