Intel confirms it has already received $5.7 billion from US government, CFO claims the deal was to halt the sale of its chip fabs
The $5.7 billion investment will see the US government take a 10% stake in Intel, with the Commerce Department said to be ironing out the details. Intel’s chief financial officer has confirmed the company has received $5.7 billion from the Trump administration as part of a deal that sees the US government taking a 10% …