Investing.com — The federal government may consider taking stakes in additional U.S. semiconductor companies or potentially expand to other industries, according to White House economic adviser Kevin Hassett.
In an interview with CNBC on Monday, Hassett discussed the government’s recent investment in Intel, suggesting this approach could extend beyond the current deal.
Regarding the Intel investment, National Economic Council director Hassett stated that funding from the CHIPS Act is being distributed according to schedule.
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