Intel doesn't need cash. Instead, the struggling semiconductor giant needs to figure out how to drum up interest for its foundry business.
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The U.S. government's recent stake in Intel comes after a long period of floundering at the company's foundry business.
Intel's stock has risen a stunning 490% over the past year, a bet by Wall Street that may be running well ahead of the company's…
Earlier this week, five people who touch every layer of the AI supply chain sat down at the Milken Institute Global Conference in…
This deal would be meant to help Intel bulk up its U.S. chip manufacturing, including its much-delayed Ohio factory.
Intel cancelled multiple manufacturing projects in Europe and delayed its Ohio chip plant for the second time this year.
Such federal government ownership of a major corporation would mark a dramatic departure from long-standing U.S. policy.
