Intel's $7.86 Billion Subsidy Limits Stake Sales in Chipmaking Unit

Reported about 12 hours ago

Intel revealed that its $7.86 billion subsidy deal from the U.S. government imposes restrictions on selling stakes in its planned chipmaking subsidiary, Intel Foundry. If Intel Foundry separates as an independent legal entity, the company must maintain at least 50.1% ownership, and if it goes public, it can only sell 35% of it to a single investor without triggering change-in-control rules. These limitations are part of a broader $39 billion initiative to bolster semiconductor manufacturing in the U.S.

Source: YAHOO

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