Search
The Wall Street Journal reports that the Trump administration is contemplating acquiring equity stakes in companies benefiting from subsidies under the 2022 CHIPS and Science Act, with the notable exception of major semiconductor firms expanding their investments in the United States. US Commerce Secretary Gina Raimondo has affirmed ongoing negotiations with Intel for a potential 10% stake and indicated that other chip companies may also be in the sights. This initiative, however, could encounter resistance from the corporate sector, with TSMC and others potentially seeking to repay their subsidies. Government officials have clarified that they will refrain from acquiring equity in companies that are augmenting their investments within the US.
-
C114 Communication Network -
Communication Home
