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Highlights
- The deal funds Intel with $8.9 billion from grants already awarded, tying CHIPS Act incentives to private manufacturing leadership.
- Intel calls the government stake a passive investment with no board seats or governance rights, leveraging grants rather than new funds.
- The pact emphasizes a passive ownership structure with no board representation or governance rights for the government.
Vote 42
References
Nvidia's CEO says it's in talks with Trump administration on a new chip for China
Nvidia's CEO says it's in talks with Trump administration on a new chip for China
Nvidia's CEO says it's in talks with Trump administration on a new chip for China
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Government takes 10% stake in one of US' biggest companies

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