Some lawyers and bankers say the Intel deal may face legal challenges as the CHIPS Act may not allow the US government to convert grants into equity (New York Times)

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New York Times:Some lawyers and bankers say the Intel deal may face legal challenges as the CHIPS Act may not allow the US government to convert grants into equity  —  The deal is among the largest government interventions in a U.S. company since the rescue of the auto industry after the 2008 financial crisis.