As Trump Considers 10% Intel Stake, Chipmakers Fear Tilted Playing Field
The Trump administration appears to be in serious discussions about converting up to US$10.9 billion (A$16.4 billion) in CHIPS Act grants into equity in Intel. That would give Washington a 10% stake and make it the chipmaker’s largest shareholder. As Channel News has reported, it’s been an eventful period for the troubled American semiconductor manufacturer.... Read More
19 Aug 00:00 · channelnews