Trump admin may seek equity in Intel; TSMC & Micron likely exempt — CHIPS Act updates
Trump administration eyeing equity in Intel; TSMC & Micron likely exempt — CHIPS Act updates Last week reports surfaced that the Trump administration is considering taking an equity stake in Intel in exchange for federal CHIPS Act grants — a move that would mark a notable shift in how the U.S. funds domestic semiconductor capacity. Key points The administration reportedly discussed taking an equity stake in Intel tied to the $10.86B in CHIPS grants Intel received. Sources indicate companies like TSMC and Micron that recently expanded U.S. investments (TSMC’s Arizona fab; Micron’s facilities in Idaho, New York and Virginia) won’t be asked to give up equity. WSJ/other reports say TSMC executives even held preliminary discussions about returning subsidies if the government demanded a shareholder role. Legal experts note attempts to…
