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US examines equity stake in chip makers for CHIPS Act cash grants: Reuters

  • The US government is considering taking equity stakes in Intel and other chip companies under the CHIPS Act, as stated by US Commerce Secretary Howard Lutnick.
  • Lutnick confirmed on August 19 that the plan is for a 10 percent government stake in Intel, according to White House Press Secretary Karoline Leavitt.
  • Lutnick emphasized the need for a return on investment, saying, 'We’ll get equity in return for that... instead of just giving grants away.'
  • Sources indicate that Donald Trump supports the equity stake idea pushed by Lutnick.
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ReutersReuters
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US examines equity stake in chip makers for CHIPS Act cash grants, sources say

U.S. Commerce Secretary Howard Lutnick is looking into the government taking equity stakes in Intel and other chipmakers in exchange for grants under the CHIPS Act, which aims to spur factory-building in the U.S., two sources said.

·United Kingdom
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Developpez.com broke the news in on Tuesday, August 19, 2025.
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