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

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

Why This Matters

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

August 19, 2025
08:09 PM
4 min read
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