Commerce Department quietly announces 7 new equity stakes in private companiesThe Hill ^ | 07/30/2026 | Miranda NazzaroPosted on by thegaglineThe Department of Commerce quietly announced*** it will designate more than $870 million in federal incentives for semiconductor manufacturing in exchange for a minority equity stake in seven companies. *** “The Department will receive a minority, non-controlling equity stake in each company as a condition for receiving the funds to enhance the return for the U.S. taxpayer,” NIST wrote. to “take an equity stake” in private companies. by 5 posted onby DoodleBob (Gravity's waiting period is about 9.8 m/s²)To: thegaglineThe free money is baked in the cake, part of the CHIPS Act. by 16 posted onby Fledermaus (Sen. John Thune is a bigger enemy to the GOP than any Democrat.)