BlockBeats News, August 20th: Sources revealed that U.S. Commerce Secretary Lutnick is pushing to expand the “equity-for-subsidy” scheme under the CHIPS Act, moving beyond Intel to include Micron, TSMC, and Samsung. The White House confirmed ongoing talks with Intel over a potential 10% government stake, with some previously approved subsidies to be renegotiated. While the policy could strengthen U.S. leverage over the AI supply chain, it also raises concerns over governance and fiscal sustainability. In crypto markets, ETH has found solid bids at the 4.1K–4.15K zone, with secondary support at 3.90K–4.00K.
Bitunix Analyst’s View:
If “equity-for-subsidy” materializes, it could lift AI-related capex and risk appetite; if delayed, volatility may intensify. Investors are advised to track policy progress and tech-sector liquidity flows, avoid chasing short-term liquidations, and treat ETH as a mid-to-long-term allocation while managing risk budgets.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.