US Considers Equity Stakes in Intel for Federal Funding
TL;DR Summary
The US government, led by Commerce Secretary Howard Lutnick, is in discussions to take a non-voting equity stake in Intel as part of converting Chips and Science Act grants into investments, aiming to boost domestic chip manufacturing and reduce reliance on Taiwan, with potential implications for other chipmakers and US policy on semiconductors.
- US Seeks Intel Stake Without Governance Rights, Lutnick Says Bloomberg.com
- Lutnick says Intel has to give government equity in return for CHIPS Act funds CNBC
- Trump administration considers 10% federal stake in Intel WBUR
- US wants equity stake in Intel for cash grants approved under Biden Reuters
- Trump admin pours cold water on its hot Intel deal Axios
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