U.S. government could take a 10 percent stake in Intel, report says

2 months ago 5
intel logo on a smartphone screen

The Trump Administration is reportedly in talks with Intel for a roughly $10 billion investment in the languishing chipmaker..

According to Bloomberg via unnamed White House insiders, the U.S. government is looking at a 10 percent stake in the company, or around $10.5 billion, based on its market value. The terms of the deal, or whether it even happens, are still uncertain. But one option could be converting grants awarded under the

Source: https://mashable.com/article/us-government-could-invest-in-intel-report

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