President Donald Trump says the US government takes ten percentage of the Chip Maker Intel. Trump shared stories during the media conference on Friday, although the official declaration was about to pass away, Reuters reports. The Intel’s Chips’s Chips’S TRANSLATION FUNDING Fund.
The meeting between Intel CEO Lip-Bu But Tan and Trump after the President Tan fence would appear as if the service form. “He walked in search of his work and eventually supported ten billion dollars in the United States. Therefore we took 10 billion,” reported on the cliff.
Intel later announced further information on investments. The company said on the media that government would “make a $ 8.9 billage instal stock normal.” It adds that the Equality pole will be funded for $ 5.7 billion. Intel had been receiving $ 2.2 billion in Chips Grants, make the total government fee at the Chipmaker $ 11.1 billion. The government paid $ 20.47 per share, making full investment equal to 9.9 percent of the company.
It is important to note that government invested in Intel is not the same thing as you receive free money, which is directly negative. Despite previous comments from the US Commerci Howard Lutnick Secretary lifting a pole can vote, the standard stock Help the voting rights. Intel notes that investment will only be, and that the government has agreed to vote on the Board of Directors “in the matters requiring stock approval, except the limit.”
Intel had to accept up to $ 10.86 billion on the Federal currency to increase its Chip Business in the US as part of the Chips Act. In accordance with this agreement, Tan may be able to make sure that the funding is still passing, it is one of the greatest last time the Intel. Tan thought about the CEO title after being retirement of the Pat Gellinger in 2024. Since you have taken over, you are committed to reduce Intel employees by 20 percent. Even low costs and investment, the future of companies are still sure: Intel is reported that they are striving to make its subsequent chips in Gen panther.
Trump Administration says it will not want the same equality with the recipients of the Chips Act. That did not stop them from making some of the money arrangements uniformly. Unvidia and AMD reportedly attacked the US government who offers companies the power to send products to China with 15 percent of their benefits.
Update, August 22, 6: 20 pm ET: This story is renewed after publishing more information against Intel, and the title was converted into the dollar money, rather than the previously said Money “There are 10 percent”. The Direct Category The Ahaward Luttick Saying This pole was not voting and restricted to show the final agreement.
