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US demands stakes in TSMC, Samsung and Intel

The US is launching an unprecedented scheme of partial nationalization of the semiconductor industry! Authorities want to get stakes in TSMC, Samsung, Micron and Intel in exchange for billion-dollar subsidies. This fundamentally changes the rules of the game in the global technology race.

US Commerce Secretary Howard Lutnick is promoting an unprecedented idea. He proposes transforming government subsidies into company shares. Under the previous administration, money was distributed for free. Now the state wants to become co-owner of key chip manufacturers.

Here are the scales of planned deals. Samsung was supposed to receive $4 billion in subsidies. Micron — $6 billion. TSMC — $6 billion. And Intel is already negotiating transferring 10% of shares to the state. Since the main part of the money hasn’t been transferred yet, conditions can be changed.

White House Press Secretary Caroline Levitt called this idea creative and unprecedented. Indeed, there has never been anything like this in American industrial history. The state becomes a shareholder of technology giants not in crisis, but as part of strategic development.

US Commerce Secretary Howard Lutnick emphasized that the state doesn’t intend to dictate working conditions. But the state is no longer just a sponsor. It becomes a co-owner.

What is presented as a “creative idea” is actually quiet nationalization of a strategic industry. Control over chip production — this is control over the future of artificial intelligence. By getting stakes in companies, the US creates an influence mechanism and will control semiconductor supplies worldwide. Global ambitions.

Autor: AIvengo
For 5 years I have been working with machine learning and artificial intelligence. And this field never ceases to amaze, inspire and interest me.
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