Loading article...
US government stake in Intel has jumped 300% to $36 billion
The Times of India
2 days ago
Bullish
That’s the equivalent of an almost $27 billion return on paper since Intel and the government announced the investment in August. Chief Executive Officer Lip-Bu Tan secured the unconventional investment following a charm offensive to win over the White House …
The value of the US government stake in Intel Corp. has increased fourfold to hit a value of about $36 billion after the chipmakers financial outlook showed a resurgence in sales. Thats the equivalen… [+1517 chars]
Continue reading on The Times of India
Read Full Article