2025-08-20
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]
CNBC
US Commerce Secretary Howard Lutnick says that Intel must give the government an equity stake in the company in return for CHIPS Act funds; INTC closed up 6.97%
Commerce Secretary Howard Lutnick said Tuesday that Intel must give the U.S. government an equity stake in the company in return for CHIPS Act funds.
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]
Reuters
Sources: US Commerce Secretary Howard Lutnick is looking into government equity stakes in Micron, TSMC, Samsung, and others that receive CHIPS Act funding
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