Lates News

The Wall Street Journal cited a government official as reporting that the Trump administration is considering taking stakes in companies that receive funding under the 2022 chip act but do not intend to invest in large semiconductor companies that are increasing their investment in the United States. U.S. Commerce Secretary Lutnik said on Tuesday that the U.S. government is still studying the possibility of holding a 10% stake in Intel. However, the official mentioned above stated that the government does not intend to hold stakes in companies like TSMC that are increasing their investments in the United States. Companies that do not commit to increasing investment may need to provide equity to the government in exchange for subsidies. The official said, "The Department of Commerce does not intend to acquire shares of TSMC and Micron." The report stated that TSMC executives have already discussed that if the government requires them to become shareholders, they will return the subsidies.