White House officials: Intel receives funding from the CHIPS Act, government may hold shares.

[Golden Finance] According to reports, White House National Economic Council Director Hassett: Intel ( INTC.O ) will receive funding from the Chips Act, and the government will hold shares. (Discussing the U.S. government's holdings in Intel and investments in other industries) This is a special case, but there may be more transactions in the future in this industry and others. Funding from the Chips Act is being spent as planned, and the government may acquire more equity from companies in the future.

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Blockblindvip
· 10h ago
The government funds and also wants equity, it's really a trap.
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DegenRecoveryGroupvip
· 21h ago
Isn't it a bit ridiculous for the government to act like this?
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ChainComedianvip
· 21h ago
Isn't this just a disguised state-owned enterprise?
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