English => News => Topic started by: Redaktion on August 23, 2025, 17:47:33
Title: Washington takes an $8.9 billion stake in Intel as part of a CHIPS Act deal to boost domestic chipmaking
Post by: Redaktion on August 23, 2025, 17:47:33
Washington will acquire nearly 10 percent of Intel through an $8.9 billion share purchase, marking the largest direct equity bet yet on U.S. semiconductor manufacturing.
Title: Re: Washington takes an $8.9 billion stake in Intel as part of a CHIPS Act deal to boost domestic ch
Post by: indyp on August 23, 2025, 21:01:33
It makes perfect sense that an insolvent country would put money they don't actually own towards a dying company that has little hope towards a profitable future.