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Republican Senator Behind Chips Act Raises Concerns Over Trump Administration's Equity Stake in Intel
2025-08-27 /
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Author：小编
On August 27, as reported by The Hill, Indiana Republican Senator Todd Young, who authored and facilitated the passage of the Chips and Science Act, clarified that the original intent of the legislation was not to enable the federal government to hold a substantial equity stake in Intel or other major corporations. When questioned about the agreement between the Trump administration and Intel, Senator Young emphasized that the bill's supporters had never anticipated nor believed that the law would permit the government to acquire equity in companies. He further indicated his openness to hearing a comprehensive explanation from the government on this matter.
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