New York Times:

Some lawyers and bankers say the Intel deal may face legal challenges as the CHIPS Act may not allow the US government to convert grants into equity  —  The deal is among the largest government interventions in a U.S. company since the rescue of the auto industry after the 2008 financial crisis.

New York Times:

Some lawyers and bankers say the Intel deal may face legal challenges as the CHIPS Act may not allow the US government to convert grants into equity  —  The deal is among the largest government interventions in a U.S. company since the rescue of the auto industry after the 2008 financial crisis.

Source: TechMeme
Source Link: http://www.techmeme.com/250823/p12#a250823p12