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Craig Hale

Intel says it has already received billions from the US government as part of upcoming deal

Intel Corporation the US Government US Government United States Donald Trump David Zinsner White House

Intel.

Intel CFO says the company just received $5.7 billion from the US Government
Trump secured a 10% stake in Intel in exchange for the financial support
The deal is aimed at keeping Intel in ownership of its foundry

Intel CFO David Zinsner said the company received $5.7 billion from the US government earlier this week as part of a deal that Trump hopes will make Intel profitable and return billions to the US.

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