#us-government-stake

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fromThe Mercury News
1 week ago

Intel is seeking an investment from Apple as part of its comeback bid

Intel Corp. has approached Apple Inc. about securing an investment in the ailing chipmaker, according to people familiar with the matter, part of efforts to bolster a business that's now partially owned by the US government. Apple and Intel also have discussed how to work more closely together, said the people, who asked not to be identified because the deliberations are private. The talks have been early-stage and may not lead to an agreement, the people said.
Business
#intel
fromTechCrunch
3 weeks ago
Tech industry

Intel's chief executive of products departs among other leadership changes | TechCrunch

US politics
fromIT Pro
1 month ago

The US government's Intel deal explained

The US government purchased a 9.9% stake in Intel for $8.9bn by converting CHIPS and Secure Enclave grants into equity, with funds required to be spent in the US.
US politics
fromTheregister
1 month ago

US government snaps up 10% of Intel for $8.9B

The U.S. government acquired a roughly 10% ownership stake in Intel through previously allocated CHIPS Act grants and Secure Enclave funding, worth about $11 billion.
fromTechCrunch
3 weeks ago
Tech industry

Intel's chief executive of products departs among other leadership changes | TechCrunch

#nvidia-intel-investment
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