August 29, 2025
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Ukraine News Today

Intel says it received $ 5.7 billion within the Trump Agreement

Miroslav Trinko Geek, specialty programmer, but journalist by profession. Rider, tennis player and fan of Formula-1. I write about technologies, smartphones and electric vehicles.

Intel received $ 5.7 billion from the US Government within the White House Agreement to purchase 10% of the company’s shares. Financial director David Zinser confirmed this at a conference for investors, CNBC reports.

Zinser noted that Intel can also attract external investors to his Foundry unit, which produces microchip for other companies. According to him, this will be an additional source of funding for the development of this area.

Although the company demonstrated better financial results of the second quarter, its shares fell by 8% due to fears about the future Foundry Business. This unit is considered to be the key to restoring Intel positions in the world market.

The White House Prescribe, Caroline Levitt stressed that the agreement is still agreed and the details are in the process of revision.

At the same time, the Intel corporate report warned that cooperation with the US government can cause a negative reaction among investors, employees, clients, partners and even foreign governments. In addition, the company does not exclude lawsuits and increased political or public pressure.

Thus, although investment should be financial support for Intel, it is accompanied by risks and uncertainty.

We will remind, the day before it became known that Softbank invests $ 2 billion in Intel against the background of restructuring of the company.

”, – WRITE: mezha.media

Miroslav Trinko Geek, specialty programmer, but journalist by profession. Rider, tennis player and fan of Formula-1. I write about technologies, smartphones and electric vehicles.

Intel received $ 5.7 billion from the US Government within the White House Agreement to purchase 10% of the company’s shares. Financial director David Zinser confirmed this at a conference for investors, CNBC reports.

Zinser noted that Intel can also attract external investors to his Foundry unit, which produces microchip for other companies. According to him, this will be an additional source of funding for the development of this area.

Although the company demonstrated better financial results of the second quarter, its shares fell by 8% due to fears about the future Foundry Business. This unit is considered to be the key to restoring Intel positions in the world market.

The White House Prescribe, Caroline Levitt stressed that the agreement is still agreed and the details are in the process of revision.

At the same time, the Intel corporate report warned that cooperation with the US government can cause a negative reaction among investors, employees, clients, partners and even foreign governments. In addition, the company does not exclude lawsuits and increased political or public pressure.

Thus, although investment should be financial support for Intel, it is accompanied by risks and uncertainty.

We will remind, the day before it became known that Softbank invests $ 2 billion in Intel against the background of restructuring of the company.

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