Intel CFO says the US deal aims to deter Intel from selling its foundry; it lets the US buy 5% more at $20/share if Intel's stake in the unit falls below 51% (Financial Times)

Financial Times:
Intel CFO says the US deal aims to deter Intel from selling its foundry; it lets the US buy 5% more at $20/share if Intel's stake in the unit falls below 51%  —  US chipmaker has faced pressure to sell lossmaking foundry business struggling to compete with TSMC



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