>>60845235 (OP)
The intel money in the chips act was tranched behind several requirements for proof they were actually constructing the fabs. Many companies accept money from the government to install things and just walk home with it and give up. the united states was supposed to have fiber optic cable when the government gave verizon and AT&T all wads cash through the 90's and 2000's to lay it and connect homes via fiber optic, but they just decided not to after taking the money and the courts wouldn't support a lawsuit.
The Chips act in response to that demands money only be provided after proof of structures being constructed are available, they want to see the foundations, and the fabricators and so on in a checklist and then the money gets paid out. This is awful for intel because intel is defunct and planning to just take the money and run. They're dysfunctional and not actually going to succeed at building the fabs promised but they NEEEED those capital pools to sustain their stock price with free government money. Trump likely removed the tranches, claimed the money is coming from the chips act so it's no loss and is giving intel the majority of funds that were being withheld behind construction milestones. Instead Trump's willing to give intel that money because he wants to create a sovereign wealth fund and can use intel equity to take out loans against it to fund shock and awe operations inside and outside of the usa.