
From the bizarre to the arguably ridiculous, the US government's "deal" to acquire a 10% stake in Intel is following the usual Trump administration timeline. The latest developments include a warning by Intel itself that the deal may be bad for business, claims that the wording of the deal is designed to allow Intel to sell off its fabs and even allegations that the whole thing is illegal in the first place.
Where to begin? How about with an official Form 8-K filing from Intel to the Securities and Exchange Commission. Among the usual legalese setting out the terms of the US government's acquisition of 10% of Intel are various concessions regarding the possible impact of the deal.