Magzter GOLD ile Sınırsız Olun
Sadece 9.000'den fazla dergi, gazete ve Premium hikayeye sınırsız erişim elde edin
Denemek ALTIN - Özgür
Intel Says It Received $7b US Grant; Govt Says It Is Still Working on Deal
The Straits Times
|August 30, 2025
Chipmaker's finance chief says cash is part of deal Trump negotiated for a 10% stake
-
NEW YORK - Intel received US$5.7 billion (S$7.3 billion) in cash on the night of Aug 27 as part of the deal US President Donald Trump negotiated for a 10 per cent stake in the struggling chipmaker, finance chief David Zinsner said at an investor conference on Aug 28.
The stake in Intel announced by the US government last week is an incentive for Intel to retain control of its contract manufacturing business, or foundry, Mr Zinsner said.
As part of the deal, the government negotiated an additional 5 per cent warrant, should Intel cease to own more than 51 per cent of its foundry operation.
"I don't think there's a high likelihood that we would take our stake below 50 per cent," Mr Zinsner said. "So, ultimately, I would expect (the warrant) to expire worthless."
Bu hikaye The Straits Times dergisinin August 30, 2025 baskısından alınmıştır.
Binlerce özenle seçilmiş premium hikayeye ve 9.000'den fazla dergi ve gazeteye erişmek için Magzter GOLD'a abone olun.
Zaten abone misiniz? Oturum aç
The Straits Times'den DAHA FAZLA HİKAYE
The Straits Times
Jos-Wolff public chat is ‘natural’: Red Bull chief
A very public chat between Max Verstappen’s father Jos and Mercedes team boss Toto Wolff in the Canadian Grand Prix paddock had Red Bull team boss Laurent Mekies smiling, when asked about it on May 22.
2 mins
May 24, 2026
The Straits Times
US and Iran both report progress towards a deal to end their war
Mediator Pakistan also says negotiations on 14-point document have been ‘encouraging’
3 mins
May 24, 2026
The Straits Times
Live-stream mum learns to block out trolls
Three months after she started live-streaming on TikTok in 2024, Ms Natalia Rajahmany, 34, changed her profile name owing to the negativity she encountered.
5 mins
May 24, 2026
The Straits Times
Northern China coal mine explosion kills at least 90
A gas explosion at a coal mine in northern China has killed at least 90 people, state media reported on May 23, the country’s biggest mining disaster in 17 years.
2 mins
May 24, 2026
The Straits Times
He uses everyday purchases to teach his children about money
Managing director of financial services firm believes in starting at young age
5 mins
May 24, 2026
The Straits Times
THE LAST MUSEUM TAXIDERMIST
At 11, Mr Tim Bovard undertook his first taxidermy experiment on a piece of roadkill.
3 mins
May 24, 2026
The Straits Times
US arms sales to Taiwan unrelated to Iran war: Source
US arms sales to Taiwan take years to process and are unrelated to the war with Iran, a source familiar with the matter said, after a senior US official suggested there was a pause due to the need to have enough arms for the Middle East conflict.
2 mins
May 24, 2026
The Straits Times
The cost of a successful career? Time spent with my family
Watching the cherry blossoms in Japan this spring stirred an unexpected sense of regret.
2 mins
May 24, 2026
The Straits Times
Satirical 'Cockroach Party' unites India's jobless youth
A mock political party erupted across Indian social media this week, becoming a symbol of Gen Z disillusionment with the country’s political establishment and anger over a worsening jobs crisis in the world’s most-populous nation.
3 mins
May 24, 2026
The Straits Times
De Zerbi wants blood, character, spirit from Spurs
Roberto de Zerbi has urged his Tottenham Hotspur team to play with ‐blood, character and spirit‐ as they battle to avoid a first relegation in 49 years on May 24.
2 mins
May 24, 2026
Listen
Translate
Change font size