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Intel warns Trump-backed US stake could hurt international sales, future grants
WASHINGTON (Reuters) - Intel said on Aug. 25 that the U.S. government's 9.9% stake in the chipmaker could pose risks to its business, from potentially harming international sales to limiting its ability to secure future government grants.
Why Intel warns that government stake may hurt shareholders
On Friday, President Trump struck a deal with Intel. In exchange for around $9 billion in grants that the federal government awarded to the chipmaker during the Biden administration, the U.S. government gets an ownership stake in the company — just shy of 10%.
Intel (INTC) says Trump deal will dilute shareholders and impact international sales
The company says Trump's latest deal announced on Friday will impact Intel shareholders and future revenues. Intel filed a report today detailing the terms of the sale of a 10% stake to the Trump administration detailing dilution for shareholders and risks to international sales. Here's some "highlights" from the Form 8-K filed with the SEC today:
The U.S. stake in Intel does not amount to a complete government takeover. While the federal government has assumed total ...
Intel outlined several risks it faces as the US takes a nearly 10% stake in the company, like diluting shares or hurting its ...
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President Trump and his team offered multiple signals Monday that last week’s deal to take a share of Intel could be just the ...
President Donald Trump is moving to bolster critical industries by taking equity stakes in private companies, a step the ...
The Silicon Valley chipmaker’s journey from icon to a government project, with the sale of a 10 percent stake to the Trump ...
The Atlanta Hawks have yet to sign Trae Young to a contract extension, which seems rather alarming given that the Hawks do ...
Softbank claims in a recent press release that Nintendo is one of several companies who will supply parts from Intel.
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