Trump’s statement is misleading. For instance, the government provided $2.2 billion in grants in return, so it was not free. Moreover, the $11 billion figure he cites refers to a fluctuating market value, not a fixed sum.
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Let me add that additional $5.7 billion comes from previously allocated (but un-paid) CHIPS and $3.2 billion from the Secure Enclave program. So nothing is for free.
aug 25, 2025, 3:40 pm • 35 7 • view
If I'm correct, CHIPS was brought in under President Biden??
aug 25, 2025, 4:00 pm • 35 4 • view
Yes. August 2022.
aug 25, 2025, 4:01 pm • 17 1 • view
☝️
aug 25, 2025, 4:19 pm • 3 0 • view
Correct, and trump used the unconstitutional ruling the Seditious Six of SCOTUS gave him, to extort Intel, with his criminally acquired leverage. A state of corruption.
aug 25, 2025, 4:12 pm • 6 1 • view