The U.S. Department of Commerce announced plans to allocate $874 million in federal incentives under the CHIPS and Science Act to seven semiconductor technology companies in exchange for minority equity stakes. The strategy has drawn sharp criticism from media commentators and policy experts who arg ue the policy represents government intervention in the private tech sector. […] ‘Morning Joe’ Hosts Slam Trump Commerce Dept’s $874 Million Equity Deals As “Socialism” ...read more read less