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Howard Lutnick: “They gave Intel $10 billion.”

Featuring: Howard Lutnick, Secretary of Commerce | National

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Howard Lutnick: How America Can Hit 6% GDP Growth in 2026

Published | Video Starts at 1:11:54

Like, you think of a chip, think of the little teeny thing going in your iPhone. Right. And these things are the size of a refrigerator. Right. And so it's a different kind of model, but. They gave Intel $10 billion. Gave G. Yeah. Actually, let me just stop there, because I think one of the things that you did, you basically just put a pause on the CHIPS act and ripped it apart and restarted it, effectively because it was initially under Biden. (1:11:54–1:11:57)

CLAIM

Asserts that Intel received $10 billion from the CHIPS Act.

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