US government pushes for 10% Intel stake amid US-China chip war
The Trump administration is moving to convert billions in CHIPS Act subsidies into a 10% equity stake in Intel. The first-of-its-kind deal would make Washington the company’s largest shareholder and signal a new era of direct government ownership in Silicon Valley.
The Trump administration is moving to convert billions in CHIPS Act subsidies into a 10% equity stake in Intel. The first-of-its-kind deal would make Washington the company’s largest shareholder and signal a new era of direct government ownership in Silicon Valley.
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