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TechRadar

Craig Hale

Intel admits US Government share deal could have a major effect on international sales

Intel Corporation US Government Donald Trump United States the US Government

Intel.

The US Government is set to acquire 10% of Intel in exchange for 433 million shares
But Intel is worried about Trump’s “substantial additional powers” on foreign business
Trump praised the deal for making the US “richer”, and for creating more jobs

The upcoming US Government ownership deal could have knock-on effects on how Intel deals with foreign customers and governments in the future, which could be further amplified by Trump’s unpredictable trade and tariff policies, the company has admitted.

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