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Technology@lemmy.worldEnglish · 9 months ago

U.S. government takes 10% stake in Intel, as Trump expands control over private sector

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U.S. government takes 10% stake in Intel, as Trump expands control over private sector

cantankerous_cashew@lemmy.world to

Technology@lemmy.worldEnglish · 9 months ago

Commerce Secretary Howard Lutnick said that the U.S. government has taken a 10% stake in chipmaker Intel.

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9 months ago
So uh, Intel doesn’t get anything, and gives up 10% of their stock because they’ve just decided to retroactively alter the CHIPs act?

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