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Howard Lutnick Calls CHIPS Act a ‘Giveaway to Rich Companies’ Like Intel

Posted on August 19, 2025
Howard Lutnick with President Donald Trump, during an executive order signing in the Oval Office of the White House in Washington, DC, on Monday, Feb. 10, 2025.

The U.S. government is in talks to get a 10% equity stake in Intel.

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