US Seeks Equity Stake in Intel Amidst CHIPS Act Funding
TL;DR Summary
The U.S. government plans to take an equity stake in Intel as part of its efforts to bolster domestic semiconductor manufacturing, with the aim of getting a good return for taxpayers. This move follows recent investments and policy actions to support U.S. tech industry and manufacturing, amidst Intel's struggles to compete with Nvidia and AMD.
- U.S. seeks equity stake in Intel, Commerce Secretary Lutnick says NBC News
- Lutnick says Intel has to give government equity in return for CHIPS Act funds CNBC
- Trump admin pours cold water on its hot Intel deal Axios
- Opinion | The Nationalization of Intel? The Wall Street Journal
- US wants equity stake in Intel for cash grants approved under Biden Reuters
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