fromwww.mediaite.com2 days agoFox Host Rips Trump Admin Taking Over More Businesses: Don't Want to Hear' About Socialism Ever Again'The U.S. government plans to acquire minority, nonvoting equity stakes in private companies using CHIPS Act funds, prompting political controversy.
US politicsfromFortune5 days agoTrump says Intel agreed to give the government 10% of the chipmaker. 'We do a lot of deals like that. I'll do more of them'The U.S. government will receive a roughly 10% equity stake in Intel, valued at about $10 billion, in exchange for CHIPS Act grant funds.