Intel will give U.S. government a 10% stake, Trump says
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Exclusive-Trump weighs using $2 billion in CHIPS Act funding for critical minerals, sources say
The Trump administration is considering a plan to reallocate at least $2 billion from the CHIPS Act to fund critical minerals projects and boost Commerce Secretary Howard Lutnick's influence over the strategic sector,
The Trump administration has floated plans to reallocate $2 billion in CHIPS and Science Act funding to support critical mineral projects.
Last week, the Trump administration said it might take a stake in Intel in exchange for the $10.86 billion in federal grants the company is receiving from the Chips and Science (CHIPS) Act. However, not all companies receiving funds under the same program will need to give up equity,
How a whale fall — a feast on a dying mammal descending to the ocean floor — explains the Chips Act.
The United States Investment Accelerator within the Commerce Department will oversee implementing the CHIPS and Science Act, a 2022 law that made $52.7 billion in subsidies available for ...