Commerce Sec. Lutnick: We want Intel to be successful in America
CNBC Televisionยท2025-08-19 15:45
Look, the Chips Act was just a giveaway to rich companies. I mean, why in the world is the United States of America taking money and giving it to companies like TSMC, which is worth a trillion dollars. I mean, why would we give them money to come to America.Donald Trump understands how to do this. What he does is he says, "If you don't build in America, you're going to pay a 100% tariff and then watch them come flying in." So the idea is let's change with respect to Intel. We want Intel to be successful in ...