Intel (INTC) Faces Uncertainty: QUALCOMM Walks Away From Acquisition Deal
In addition to cutting subsidies, the usa government also wants to restrict the breakup of intel!
① intel has reached a subsidy agreement of 7.86 billion dollars with the usa government, but must meet strict conditions; ② intel stated on Wednesday that the usa government requires it not to sell shares of its chip manufacturing division at will; ③ the usa Department of Commerce stated that it is negotiating control change terms with all subsidy recipients.
Intel's US$7.86b Subsidy Deal Restricts Sale of Its Manufacturing Unit
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Intel is the backbone of the American economy. They won’t let it fail. I got in at $19 and I’m still holding
103998930 : When trump puts China tariffs, this company with 46% revenue from China will be severely hit, and stock price will definitely come down.