Intel’s chief executive of products departs among other leadership changes
Intel also announced the creation of a central engineering group that will build custom chips for outside customers.
Lip-bu Tan
Why the US government is taking a stake in Intel
The U.S. government’s recent stake in Intel comes after a long period of floundering at the company’s foundry business.
Why the US government is not the savior Intel needs
Intel doesn’t need cash. Instead, the struggling semiconductor giant needs to figure out how to drum up interest for its foundry business.
The Trump administration’s big Intel investment comes from already awarded grants
While Intel says the government is making an “$8.9 billion investment in Intel common stock,” the administration does not appear to be committing new funds.
US government plans to take a 10% stake in Intel
Such federal government ownership of a major corporation would mark a dramatic departure from long-standing U.S. policy.
US government is reportedly in discussions to take stake in Intel
This deal would be meant to help Intel bulk up its U.S. chip manufacturing, including its much-delayed Ohio factory.