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U.S. Commerce Secretary Affirms Equity Stake Demand for Intel in Exchange for Chips Act Funding
2025-08-20 /
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Author：小编
On Tuesday, U.S. Commerce Secretary Howard Lutnick affirmed that the government is engaged in negotiations with Intel to acquire shares in the company, contingent upon providing subsidies associated with the Chips and Science Act. Lutnick clarified that the government intends to fulfill its funding commitments as outlined during the Biden administration, with the condition that it will in turn acquire an equity stake in Intel. Should this arrangement materialize, it would establish a precedent for the U.S. government to directly invest taxpayer funds in the equity of a private technology firm.
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