Trump administration official says some CHIPS Act companies won't need to give up equity

2 months ago 5

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, Source: https://www.engadget.com/big-tech/trump-administration-official-says-some-chips-act-companies-wont-need-to-give-up-equity-130041299.html?src=rss

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