Intel's $7.86 billion subsidy deal restricts sale of its manufacturing unit
Intel said on Wednesday its deal for $7.86 billion in U.S. government subsidies restricts the company's ability to sell stakes in its chipmaking unit if it becomes an independent entity.
Intel’s $7.9B subsidy deal comes at a high price for the chipmaker
In September, Intel CEO Pat Gelsinger announced plans to spin off Intel Foundry, citing potential flexibility to secure independent funding.
Intel Scores a $7.86 Billion Investment Through the CHIPS and Science Act
Intel has managed to secure a $7.86 billion Investment through the newly incorporated CHIPS & Science Act. Here's more about it.
Intel wins $7.9 billion award under CHIPS Act
To build or expand semiconductor factories in several U.S. states.
Intel Gets Up to $7.9 Billion Award for U.S. Chip-Plant Construction
The government grant is less than originally expected because the chip giant is also receiving separate funding for defense-related projects.
Intel Secures $7.86 Billion for Semiconductor Expansion
Intel has secured up to $7.86 billion in funding from the U.S. Department of Commerce under the CHIPS Act to enhance its semiconductor manufacturing in Arizona, New Mexico, Ohio, and Oregon. This funding,
Intel Gets $7.9 Billion Chips Award for US Factory Expansion
The Biden administration has finalized a deal to give Intel Corp. nearly $7.9 billion in federal grants, the largest direct subsidy from a program to boost domestic semiconductor manufacturing.
Intel Faces Ownership Restrictions Tied to $7.86 Billion Subsidy Deal
Intel has revealed that its $7.86 billion subsidy deal from the U.S. government imposes limits on the company’s ability to sell stakes in its chip manufacturing subsidiary, should the unit eventually become an independent entity.
Intel's CHIPS Act funding restricts the sale of foundry buisness — company has to maintain majority share if it spins off manufacturing unit
Intel must maintain control of Intel Foundry even in case it decides to spin it off into a separate private or public company.
Intel's $7.86B US Subsidy Restricts Sale Of Chipmaking Unit
Intel revealed that the U.S. government subsidies require it to retain at least 50.1% ownership of Intel Foundry if separated into a private entity, and limit sales to a single shareholder to 35% if the unit becomes public,
Intel's $7.86 billion subsidy deal restricts sale of its chip manufacturing unit
Intel has said that its deal for $7.86 billion in US government subsidies restricts the company's ability to sell stakes in its chipmaking unit if it becomes an independent entity. The US Commerce Department announced the subsidy to Intel on Tuesday,
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New Intel Arc Battlemage gaming GPU range coming in just a few days, says report
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Intel’s Battlemage GPUs Rumored to Launch Next Week
Intel’s next generation of Arc-branded discrete GPUs, codenamed Battlemage, could launch as early as next week.  Intel’s ...
Is Intel Stock a Buy Now?
To add insult to injury, the company Intel tried to buy in 2005, Nvidia, has gone on to become the second-largest company in ...
Intel's annual median pay has been stagnant compared to peers like Nvidia and Microsoft
Business Insider analyzed the average pay for employees at Big Tech companies and found that Intel lagged behind.
Intel Battlemage GPUs could hit shelves on December 12 – but price rumors are worrying some PC gamers
Intel’s B580 and B570 GPUs are rumored for a December 12 launch Team Blue will supposedly reveal them next week on December 3 ...