Trump Admin To Turn Intel’s CHIPS Act Grants Into Equity, Says Howard Lutnick: ‘Why Are We Giving A Company Worth $100 Billion, This Kind of Money?’

All NewsAugust 20, 2025

Howard Lutnick said the Trump administration plans to convert federal funding pledged to Intel under the CHIPS Act into an equity stake.

We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. By clicking “Accept”, you consent to the use of ALL the cookies.

Cookie settings ACCEPT

Manage consent