Howard Lutnick: “The president is right in the midst of discussing all sorts of deals with all sorts of countries.”

And those decisions are coming very soon, so let's see what the Chinese do. They've got to approve it. The deal is over to them right now.

Instead of just giving grants away under the CHIPS Act, Trump thinks the government should get benefits to the economics that we put out.

China can have a little piece or ByteDance, the current owner, can keep a little piece. But basically, Americans will have control. Americans will own the technology, and Americans will control the algorithm.

That’s pretty good. Let’s just stay calm, stay cool.