Intel admits US Government share deal could have a major effect on international sales

Intel admits US Government share deal could have a major effect on international sales




  • The US Government is set to acquire 10% of Intel in exchange for 433 million shares
  • But Intel is worried about Trump’s “substantial additional powers” on foreign business
  • Trump praised the deal for making the US “richer”, and for creating more jobs

The upcoming US Government ownership deal could have knock-on effects on how Intel deals with foreign customers and governments in the future, which could be further amplified by Trump’s unpredictable trade and tariff policies, the company has admitted.

The US Government is set to acquire a 10% stake in Intel through a mix of unpaid CHIPS Act grants and funding in a deal valued at around $8.9 billion in total.



Source: Techradar

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