(Reuters) -The Trump administration is considering taking equity stakes in companies receiving funds from the 2022 CHIPS Act but has no plans to seek shares in bigger semiconductor firms that are increasing their U.S. investments, the Wall Street Journal reported on Thursday, citing a government official.

The development follows comments made by U.S. Commerce Secretary Howard Lutnick, who on Tuesday said the government is continuing to work on the possibility of taking a 10% stake in troubled chipmaker Intel.

However, the administration does not intend to take equity stakes in companies like TSMC, which are ramping up investment, the official told the Journal. Businesses not increasing their commitments may need to offer equity to the government in exchange for subsidies.

“The Commerce

See Full Page