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Trump administration official says some CHIPS Act companies won't need to give up equity

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, The Wall Street Journal has reported. Companies like TSMC and Micron that increased their US investments won't have any additional obligations, according to a government official familiar with the matter.<br /> Ealier, commerce secretary Howard Lutnick appeared to royally screw NVIDIA with comments about the company's H20 AI chips, and may have also rubbed chip giant TSMC the wrong way. "The Biden administration literally was giving Intel [money] for free, and giving TSMC money for free, a [...]

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Big Tech bent the knee for Trump in 2025

Sure, we've seen millions poured into lobbying and other means of influence during every presidency, but the last two years set a whole new bar. Business leaders, including those from almost ever [...]

Match Score: 108.49

Destination
Trump administration reportedly eyes renegotiating CHIPS Act awards

The recipients of the US government's CHIPS and Science Act awards may not get the amount that they were initially promised. According to Reuters, the Trump administration is looking to assess an [...]

Match Score: 105.37

Destination
The US government is taking an $8.9 billion stake in Intel

President Donald Trump says the US government is taking a 10 percent stake in chip maker Intel. Trump shared the news during a press conference on Friday, though an official announcement is still fort [...]

Match Score: 105.02

Destination
The US government is taking a 10 percent stake in Intel

President Donald Trump says the US government is taking a 10 percent stake in chip maker Intel. Trump shared the news during a press conference on Friday, though an official announcement is still fort [...]

Match Score: 88.80

Destination
OpenAI's recent chip deals heap more pressure on TSMC

In recent weeks, OpenAI has signed blockbuster deals with AMD and Broadcom to build vast numbers of AI chips. Much of the focus has been on the financial implications, since OpenAI will need hundreds [...]

Match Score: 66.82

Destination
The US government drops its CHIPS Act requirements for Intel

Intel no longer has to fulfill certain requirements or meet milestones that it was originally supposed to under the CHIPS Act, now that the government is taking a stake in the company. According to th [...]

Match Score: 65.63

Destination
The best laptop you can buy in 2025

Laptops are evolving fast, with some new models harnessing AI-powered features that adapt to your usage and improve performance in real time. These AI PCs can optimize battery life, manage power acros [...]

Match Score: 62.32

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NVIDIA can now sell its high-end AI chips to 'approved customers in China,' Trump says

NVIDIA is now allowed to sell its second-best H200 processors to China, rather than just the sanction-approved H20 model that China had previously declined to buy, President Trump wrote on Truth Socia [...]

Match Score: 59.63

Destination
Trump administration imposes a 25 percent tariff on high-end chips

President Trump has signed a proclamation imposing a 25 percent tariff on “certain advanced computing chips,” the White House has announced. As The New York Times notes, the administration previou [...]

Match Score: 58.12