Tag: Trump stakes in intel

Trump advisor says U.S. may take stakes in other firms after Intel

Trump advisor says U.S. may take stakes in other firms after Intel

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Critics of the deal warn it could be bad for the company’s viability if politics are seen as driving business decisions [File] | Photo Credit: REUTERS The U.S. government could take stakes in other companies after doing so with chipmaker Intel, Donald Trump’s top economic advisor Kevin Hassett said Monday, with the president himself expressing […]

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Trump eyes U.S. government stakes in other chip makers that received CHIPS Act funds, sources say

Trump eyes U.S. government stakes in other chip makers that received CHIPS Act funds, sources say

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Aside from Intel, memory chipmaker Micron is the biggest U.S. recipient of CHIPS Act cash [File] | Photo Credit: REUTERS U.S. Commerce Secretary Howard Lutnick is looking into the federal government taking equity stakes in computer chip manufacturers that receive CHIPS Act funding to build factories in the country, two sources said. Expanding on a […]

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