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US Government Might Use Funds From the CHIPS Act to Buy a Stake in Intel

US Government Might Use Funds From the CHIPS Act to Buy a Stake in Intel

PCMag
Details have yet to be ironed out, but it's noteworthy given that Trump has called the CHIPS Act a 'horrible' program and argued that companies don't need the money.

August has been a rollercoaster ride for Intel so far. Last Thursday, President Trump told the company’s CEO to step down before abruptly reversing course, and now the administration is reportedly considering buying a stake in …