Financial Times:

Intel CFO says the US deal aims to deter Intel from selling its foundry; it lets the US buy 5% more at $20/share if Intel's stake in the unit falls below 51%  —  US chipmaker has faced pressure to sell lossmaking foundry business struggling to compete with TSMC

Financial Times:

Intel CFO says the US deal aims to deter Intel from selling its foundry; it lets the US buy 5% more at $20/share if Intel's stake in the unit falls below 51%  —  US chipmaker has faced pressure to sell lossmaking foundry business struggling to compete with TSMC

Source: TechMeme
Source Link: http://www.techmeme.com/250828/p33#a250828p33