#us-government-stake

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US politics
fromwww.aljazeera.com
4 months ago

Intel receives $5.7bn as Trump administration buys 10 percent stake

Intel received $5.7bn from the US government, which took a 10% stake with a five-year warrant; the CFO said loss of control is unlikely.
US politics
fromIT Pro
4 months ago

The US government's Intel deal explained

The US government purchased a 9.9% stake in Intel for $8.9bn by converting CHIPS and Secure Enclave grants into equity, with funds required to be spent in the US.
fromThe Mercury News
3 months ago

Intel is seeking an investment from Apple as part of its comeback bid

Intel Corp. has approached Apple Inc. about securing an investment in the ailing chipmaker, according to people familiar with the matter, part of efforts to bolster a business that's now partially owned by the US government. Apple and Intel also have discussed how to work more closely together, said the people, who asked not to be identified because the deliberations are private. The talks have been early-stage and may not lead to an agreement, the people said.
Business
#nvidia-intel-investment
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