
Lutnick:🚨the US govt must receive an equity stake in Intel in exchange for CHIPS Act funds. The potential deal would convert the grants into equity & wouldn’t come with governance rights in Intel. Trump's called for more reshoring of US MFG to reduce the country’s reliance on foreign chipmakers.
Trump has Comm Sec Lutnick extorting Intel for the money that came from Biden's CHIPS Act -creating a⬇️Maoist-type #economy.
#Extortion#Corruption#USPol
https://www.cnbc.com/2025/08/19/lutnick-intel-stock-chips-trump.html
https://www.aol.com/finance/maga-going-marxist-maoist-trump-223903488.html