Did Trump save Intel? Not really

Did Trump save Intel? Not really

U.S. President Donald Trump is injecting nearly $9 billion into Intel in exchange for a 9.9% equity stake. But the money – which the struggling chipmaker was slated to receive anyway under a federal funding act – will not be enough for its contract-chipmaking business to flourish, analysts said.

Source link

Visited 1 times, 1 visit(s) today

Leave a Reply

Your email address will not be published. Required fields are marked *