Trump eyes up Intel: What the White House's reported 10% stake could mean for the struggling manufacturer
by ashilov@gmail.com (Anton Shilov) from Latest from Tom's Hardware on (#6ZDXQ)
The Trump administration is considering converting $10.9 billion in CHIPS Act grants into a 10% equity stake in Intel, while SoftBank acquires $2 billion. Together, a $12 billion boost that signals both political and commercial confidence in the struggling chipmaker. However, whether this is enough to accelerate the delayed U.S. fabs in time to secure major foundry customers remains uncertain.