Aug 22 – The Wall Street Journal reported Aug 21 that the new U.S. administration won’t seek stakes in TSMC or Micron, as the CHIPS Act subsidy recipients have pledged additional U.S. investments.
Commerce Secretary Lutnick said earlier this week the government plans a ~10% Intel stake and may expand the "subsidy-for-equity" model to other chip firms. But an unnamed official noted only subsidy recipients without extra investment commitments could face government stakes—excluding TSMC and Micron.
Samsung and SK hynix plan to boost U.S. investments, reducing risks of U.S. Equity changes for the Korean firms.
ICgoodFind: Extra U.S. investment pledges influence the government’s stake decisions.
