Chips Act: No Ownership for TSMC and Micron?

TSMC and Micron may receive U.S. CHIPS Act funding without relinquishing ownership stakes, despite earlier rumors. A former Trump official clarified no equity demands are planned, contrasting with potential Trump-era requirements for government ownership in exchange for taxpayer money. This benefits profitable companies like TSMC and Micron, while Intel, needing support, might find equity deals more appealing. The situation highlights differing approaches between the Biden and Trump administrations regarding government investment in the chip industry. Hosted on Acast. See acast.com/privacy for more information.