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5 days agoWhy the US government is taking a stake in Intel | TechCrunch
To help with that transition, President Donald Trump has introduced potential chip tariffs and policies in recent months meant to bring more semiconductor manufacturing Stateside. In late August, The Trump administration took an unprecedented step toward that goal when it converted an existing government grant, meant for domestic semiconductor manufacturing, into a 10% equity stake in Intel. This deal was structured to grant the U.S. government additional equity in Intel if the company's ownership of its foundry business -
US politics