That was what I was arguing against. It seems like people cannot stop themselves from making this about Trump. I guess he does that himself though. The problem with saying he was shitting on the CHIPS Act is that Biden himself didn't even pay out the money. It's because Intel made no progress on the fab. It's pretty clear behind both Biden and Trump is a desire to have Intel's foundry working. With Intel making no progress on it, I am assuming the call to take a stake in Intel was done to mitigate all the benchmarks Intel said they would make but failed to do. Perhaps the government figured they could pass the money to Intel without giving up the reigns this way. Either way, I am very convinced there is a national security motive under all of this and neither Trump nor Biden went down this path to grandstand on it.
Building fabs takes lots of money and time. Intel also doesn't have customers except themselves and have fallen far behind in the fab business and has a decade+ or mistakes to make up for.
What we have here is picking a winner and potentially insider trading/market manipulation with Trump shitting on Intel leading up the "deal".