
A few days ago, news broke that following a meeting with Intel CEO Lip-Bu Tan, the Trump administration was looking to take an unspecified stake in Intel. Now, Bloomberg says the number being discussed is around $10.5 billion. Here are the details.
Not what the market seemed to be expecting
Intel stock slid today, following Bloomberg‘s report that the Trump administration was considering converting Intel’s $10.9 billion CHIPS Act funding into an equity stake, potentially giving…

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