Intel is warning of potential business risks just days after the U.S. government took a nearly 10% stake in the chipmaker, a move that has rattled global markets and fueled debate in Washington.
The $8.9 billion equity deal, announced late last week, converted federal CHIPS Act grants into stock, making Washington Intel's largest single shareholder. While the government has no board seats or management control, Intel cautioned in a weekend filing that government ownership could hurt its international sales, dilute existing shareholders, and complicate future federal funding, Reuters reported.
