#government-equity-stake

[ follow ]
#intel #chips-act #chips-funding #investor-concerns #regulatory-risk #supply-chain-procurement
#intel
fromAbove the Law
1 week ago
US politics

Skadden Advises Intel On Trump Deal, Because What Are A Few Obvious Conflicts Among Friends? - Above the Law

The federal government acquired roughly a 10% stake in Intel tied to CHIPS funding, raising conflict-of-interest and political payoff concerns.
fromThe American Conservative
2 weeks ago
Right-wing politics

U.S. to Acquire Stake in Intel

The U.S. federal government will acquire a 10% equity stake in Intel by converting CHIPS Act grants into roughly $10 billion of nonvoting shares.
fromAbove the Law
1 week ago
US politics

Skadden Advises Intel On Trump Deal, Because What Are A Few Obvious Conflicts Among Friends? - Above the Law

more#intel
fromComputerworld
1 week ago

Intel warns US govt equity stake could disrupt its global business and strategic deals

Intel has warned that granting the US government an equity stake could subject the company to "additional regulations, obligations or restrictions" in foreign markets and limit its ability to pursue strategic transactions that are beneficial to shareholders.
Business
[ Load more ]