Lutnick says Intel has to give government equity in return for CHIPS Act funds

  • Posted on August 19, 2025
  • By CNBC
  • 4 Views
Lutnick says Intel has to give government equity in return for CHIPS Act funds

The potential deal would convert the CHIPS ACT grants into equity, but wouldn't come with governance rights in Intel, Lutnick said.
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CNBC

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