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'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 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,
Intel In Pre-Christmas Graphics Card Launch Surprise
Intel steals Nvidia's thunder with imminent graphics card launch. It's Arc Battlemage cards will see reviews out before ...
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 Corporation (INTC): Federal Deal Mandates $35B R&D Investment and 12 New Fabs by 2028
We recently compiled a list of the 15 AI News and Ratings Trending on Financial Media. In this article, we are going to take ...
Intel Processors Getting Free Major Performance Boost
Intel has scope to offer a major performance improvement to its otherwise lacklustre Core Ultra 200 desktop processors ...
New Intel Arc Battlemage gaming GPU range coming in just a few days, says report
Intel's next batch of graphics cards are on the horizon, as a new report brings the alleged December release date into focus ...
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Intel (INTC) Outpaces Stock Market Gains: What You Should Know
In the latest trading session, Intel (INTC) closed at $24.05, marking a +1.69% move from the previous day. This move outpaced the S&P 500's daily gain of 0.56%. Elsewhere, the Dow saw an upswing of 0.
Intel wins $7.9 billion award under CHIPS Act
To build or expand semiconductor factories in several U.S. states.
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Intel plans to release more desktop GPUs after the first Arc Battlemage card debuts in December
The first desktop Battlemage GPU product, the Intel Arc B580, is around the corner and it looks like Intel still has plans ...
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 ...
Gujarat man shared intel on Coast Guard with Pakistani spy for Rs 200 per day, arrested
According to police, the accused came in contact with a Pakistani agent named Sahima through Facebook some seven months ago.
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 ...