Reported about 21 hours ago
President Trump is investing nearly $9 billion in Intel for a 9.9% stake, but analysts believe it won't rescue the company's struggling foundry business. They stress that Intel needs to secure significant external customers for its advanced manufacturing processes to thrive, which seems challenging in the short term. Despite potential benefits from government support, many analysts doubt that this investment will fundamentally change Intel's situation, given its recent management missteps and ongoing production yield issues.
Source: YAHOO