Trump Administration Is Not Eyeing Equity in TSMC, Micron, Official Says

Micron, TSMC rise amid report that the Trump administration will not pursue equity stakes in exchange for CHIPS Act subsidies

But the government still seems to be looking for a big piece of Intel....

Trump administration is not eyeing equity in TSMC, Micron, official says

The Trump administration is considering taking equity stakes in companies getting funds from the 2022 CHIPS Act but has no similar plans for bigger firms boosting U.S. investments, such as TSMC and Micron.

Chip Stocks Fall on Reports White House Seeking Equity in Exchange for Grants - The Thinking Conservative

Share prices of semiconductor companies fell following reports the Trump admin is considering taking equity stakes in exchange for federal funding. The post Chip Stocks Fall on Reports White House Seeking Equity in Exchange for Grants appeared first on The Thinking Conservative.

Chip Stocks Fall on Reports White House Seeking Equity in Exchange for Grants

Shares of major semiconductor companies fell sharply on Aug. 20 following reports that the Trump administration is considering taking equity stakes in some chipmakers in exchange for federal funding provided under the CHIPS and Science Act. Intel shares dropped by 7 percent, Micron shares fell by 4 percent, and Taiwan Semiconductor Manufacturing Co. (TSMC) shares slid by 1.8 percent on Wednesday. Nvidia and AMD shares also declined, down by 0.14…

White House won't ask for ownership stake in TSMC or Micron in exchange for CHIPS Act funds — companies already investing more in the US expected to be exempt

CHIPS Act awardees that don’t expand their investment commitments might be asked to hand over some equity to the federal government.

Trump administration is not eyeing equity stakes in TSMC, Micron - White House official

U.S. President Donald Trump The Trump administration is exploring equity stakes in companies receiving 2022 CHIPS Act funding, but has no plans to do so for major firms like TSMC and Micron, which are increasing U.S. investments, a White House official told Reuters. The official confirmed a Wall Street Journal report stating the administration will not seek equity in semiconductor companies like Micron and TSMC that are boosting investment. Davi…