The pig has fattened up

According to TechFlow, on August 19, U.S. Commerce Secretary Lutnick confirmed that the U.S. government is in talks with Intel to replace subsidies in the Chips and Science Act with an equity stake. Lutnick stated that the plan would not grant the U.S. government governance or voting rights. He criticized the Chips Act signed by former President Biden, saying it did not benefit taxpayers. The negotiations with Intel mark a significant shift in U.S. semiconductor policy and could pave the way for similar agreements with other chip manufacturers. The United States hopes to rebuild some chip manufacturing capacity domestically for national security reasons.