Not satiated by siphoning revenue from Nvidia's and Advanced Micro Devices' chip exports and owning 10 percent of Intel, the federal government is now looking to get a cut of the royalties generated by university patents. Commerce Secretary Howard Lutnick proclaimed, "We are going to make a deal with them all" during a Tuesday Cabinet meeting.

"We have given tens, if not hundreds of billions of dollars to universities for them to do research," Lutnick said. A cursory investigation reveals that the federal government provided universities with about $60 billion for research and development in 2023. "If we give [the universities] the money, don't you think it's fair that the United States of America and the taxpayers who funded it, get a piece" of the revenue generated from patented technol

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