Intel will give U.S. government a 10% stake, Trump says
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Two sources familiar with the discussions told Reuters that US Commerce Secretary Howard Lutnick has floated the idea in connection with an ongoing plan to acquire
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Exclusive-Trump weighs using $2 billion in CHIPS Act funding for critical minerals, sources say
The Trump administration is considering a plan to reallocate at least $2 billion from the CHIPS Act to fund critical minerals projects and boost Commerce Secretary Howard Lutnick's influence over the strategic sector,
The Trump administration has floated plans to reallocate $2 billion in CHIPS and Science Act funding to support critical mineral projects.
Last week, the Trump administration said it might take a stake in Intel in exchange for the $10.86 billion in federal grants the company is receiving from the Chips and Science (CHIPS) Act. However, not all companies receiving funds under the same program will need to give up equity,
Soon after Trump told Congress that the CHIPS Act is a "horrible, horrible thing," chip company executives rushed to consult their lawyers to see if Trump could possibly claw back funding or ...
Since World War II, the U.S. has painstakingly built the world’s strongest science talent system – and with it, the most dynamic STEM economy – by welcoming foreign scientists from German-born Nobel laureate Albert Einstein to Indian-born Microsoft CEO Satya Nadella.
The United States Investment Accelerator within the Commerce Department will oversee implementing the CHIPS and Science Act, a 2022 law that made $52.7 billion in subsidies available for ...
Donald Trump has continued his call for Congress to dismantle the CHIPS and Science Act, a 2022 law passed with a bipartisan vote that the Republican president recently described as a “horrible ...
How a whale fall — a feast on a dying mammal descending to the ocean floor — explains the Chips Act.
Donate now The CHIPS and Science Act was one of Biden’s main legislative accomplishments—a massive $280 billion funding bill meant to move semiconductor production to the United States.