Sources: US Commerce Secretary Howard Lutnick is looking into government equity stakes in Micron, TSMC, Samsung, and others that receive CHIPS Act funding
‘We should get an equity stake for our money’ Rich Smith / Motley Fool : Why Micron Stock Got Clobbered Today Tyler Lee / Android Headlines : Trump's Plan: Turn CHIPS Act Grants Into Stakes in Samsung & TSMC MacDailyNews : Trump admin examines equity stakes in other chip makers that received CHIPS Act funds Vishaal Sanjay / Benzinga : Trump Admin To Turn Intel's CHIPS Act Grants Into Equity, Says Howard Lutnick: ‘Why Are We Giving A Company Worth $100 Billion, This Kind of Money?’ Adnan Farooqui / SamMobile : US government wants to own a piece of Samsung in exchange for chip grants Sumit Adhikari / SammyGuru : Samsung's $4.7B U.S. Chip Grant Faces New Twist as Equity Demand Looms Grace Priscilla Teo / Tech in Asia : US considers taking equity stakes in chipmakers: sources Dan Howley / Yahoo Finance : Trump admin weighs stake in Intel & other chipmakers: Reuters Agence France-Presse : U.S. seeks equity stake in Intel in return for funding Yeonhee Kim / KED Global : US government eyes stake in Samsung, TSMC in return for CHIPS Act funds Adam Clark / Barron's Online : Intel Stock Drops as U.S. Wants to Take Stake. Why Micron and TSMC Could Be Next. The Japan Times : Washington eyeing government stakes in chipmakers given CHIPS Act funds: sources Bluesky: @joleab : And here I thought the GOP was hysterically against government owning any kind of business. You know, the party of private enterprise and free markets. We're in the upside down. [embedded post] Tony Stark / @tonystark : Remains wild to me that we've went from “the USG shouldn't pick winners and losers” to “the USG now has a direct financial interest in legacy firms.” [embedded post] Steve Craven / @kekepana : Uh, government ownership of the means of production? Where did I read about that? I think it may have been “Das Kapital” by a fellow called Karl Marx. I hadn't realized America had voted for communism. Brian JM Quinn / @bjmquinn : So 🍊🤡 is going back to firms that have ALREADY received grants under CHIPS and demanding shares. That's not state supported capitalism, that's “gangster capitalism.” — www.reuters.com/legal/govern... X: Martin Chorzempa / @chorzempamartin : My god we are cooked as a reliable investment environment. Promise you a grant to come here, you invest billions, now USG decides to take a share of your company when there is nothing in the chips act allowing it. H/t @rwang07 https://www.reuters.com/... @reuters : US Commerce Secretary Howard Lutnick is looking into the government taking equity stakes in Intel as well as other chip companies in exchange for grants under the CHIPS Act that was meant to spur factory-building around the country, two sources said https://www.reuters.com/... Forums: r/AMD_Stock : Trump eying equity stakes in other chip makers that received Chips Act Funds.