Political Quotes

On the recordAugust 19, 2025
Instead of just giving grants away under the CHIPS Act, Trump thinks the government should get benefits to the economics that we put out.
Said by
Howard Lutnick

Editor's note · Context

Lutnick explains Trump's perspective on government investment in Intel.

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I think the president's going to open between $300 billion and $400 billion of opportunity for Americans.

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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.

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So we’ll deliver the money which was already committed under the Biden administration. We’ll get equity in return for it, get a good return for the American taxpayer instead of just giving grants away.

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The president's going to open between $300 billion and $400 billion of opportunity for Americans.

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