Intel says it received $5.7 billion from the US government.
During a conference on Thursday, Intel CFO David Zinsner confirmed receiving the investment as part of the US government’s plan to take a 10 percent stake in the struggling chipmaker. The investment stems from the $5.7 billion grant the US government promised Intel under the CHIPS Act. [Link: Intel gets $5.7 billion from Trump deal as White House says details are 'being ironed out' | https://www.cnbc.com/2025/08/28/…
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