Director of the White House National Economic Council: The US government may invest in more companies.

Andrew Hasett, Director of the White House National Economic Council, said on CNBC that the US government may emulate Intel's equity investment model by investing in more companies. He said that such deals could be a key part of the US Sovereign Wealth Fund plan. Hasett said, "It is certain that there will be more transactions in the future, not just in the semiconductor industry, but also in other sectors." However, he emphasized that the Intel investment was a "very special case," noting that the nearly $9 billion subsidy was originally part of the 2022 "CHIP Act." Hasett defended the move, stating that the funding would be converted into equity, but the government would not gain voting rights or take over the company. "In the past, the federal government has swiftly provided funding to companies, but taxpayers have not received any returns," Hasett said.