Commerce Sec. Lutnick: We want Intel to be successful in America

Government Policy & Industry Impact - The Chips Act is viewed as a giveaway to wealthy companies like TSMC, valued at $1 trillion [1] - Concerns exist regarding the US government providing funds to TSMC for establishing operations in America [1] - A proposed alternative involves imposing a 100% tariff on companies that do not manufacture in America [2] - The goal is to encourage companies like Intel to build transistors and conduct manufacturing within the US [2] - An alternative strategy suggests converting the funds allocated by the Biden administration into equity for the American people [3] Trade & Economic Strategy - The strategy of imposing tariffs is presented as a way to attract companies to build in America [2] - The approach of using funds as equity is considered a potentially better deal for the American taxpayer [3]