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Bernie Sanders Backs Trump’s CHIPS Act Equity Stake in Intel

WebProNews Wednesday, 20 August 2025 ()
Vermont Sen. Bernie Sanders, a democratic socialist, surprisingly supports President Trump's plan to convert up to $10.9 billion in CHIPS Act grants for Intel into a 10% government equity stake, ensuring taxpayer benefits over corporate handouts. This bipartisan move could redefine U.S. industrial policy amid semiconductor challenges.
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