CONNECT WITH US

Intel receives US$5.7B government investment; shareholding deal still under negotiation

Chia-Han Lee, Taipei; Charlene Chen, DIGITIMES Asia 0

Credit: AFP

Intel CFO David Zinsner recently revealed that the company has received a US$5.7 billion subsidy from the US government under the CHIPS and Science Act. This funding is part of an investment deal with the Trump administration in exchange for a 10% equity...

The article requires paid subscription. Subscribe Now