Intel agrees to pay $14.2B to repurchase Apollo's 49% stake in the Fab 34 JV in Ireland, and plans to issue $6.5B in new debt to fund it; INTC closed up 8.84%
Sources: Intel CEO Lip-Bu Tan has spoken to TSMC CEO C.C. Wei about a partnership or a joint venture; he also met with Tim Cook this year; INTC closes up 8.9%
Wall Street Journal :
Nvidia and Intel partner to develop multiple generations of x86 products; Nvidia will buy $5B of Intel's stock at $23.28 per share, a ~5% stake; INTC jumps 25%+
Cats and Dogs, living together! — In a surprising announcement that finds two long-time rivals working together …
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%
until it didn't Mai Tao / Robotics & Automation News : US government takes 10 percent stake in Intel for $9 billion Ashley Belanger / Ars Technica : Intel details everything that could go wrong with U...
The US government takes a 10% stake in Intel; Howard Lutnick said earlier the US won't be on the board or play a role in Intel's governance; INTC closes up 5%+
Conversion of Chips Act grants to equity will likely be followed by other moves to help troubled chip maker, analysts say
Intel says the US will make an $8.9B investment by purchasing 433.3M primary shares of Intel common stock for $20.47/share; INTC closed on August 22 at $24.80
U.S. Government to make $8.9 billion investment in Intel common stock as company builds upon its more than $100 billion expansion of resilient semiconductor supply chain
SoftBank agrees to invest $2B in Intel, buying ~2% of Intel's outstanding shares for $23 per share, becoming Intel's fifth-biggest shareholder; INTC jumps 5%+
Intel and SoftBank announced on Monday that the Japanese conglomerate will make a $2 billion investment in the embattled chipmaker.
Sources: the Trump administration is in talks with Intel to have the US government potentially take a stake in the company; INTC closed up 7.4% on August 14
The Trump administration is in talks with Intel Corp. to have the US government take a stake in the beleaguered chipmaker …
Sources: Qualcomm is likely to wait until after the US presidential election on November 5 before deciding whether to pursue an offer to buy Intel
The only way a deal of this size - hell, even a deal that doesn't include the Foundry part of Intel - gets done is if Trump wins the White House. — (Also: This is a fantasy, QCOM ain't buying INTC) ...
In a letter, an activist hedge fund pushes Intel to explore strategic alternatives, like whether it should remain an integrated device manufacturer; stock up 5%
Welcome to Protocol Cloud, your comprehensive roundup of everything … Danny Crichton / TechCrunch : Activist hedge fund manager Daniel Loeb takes on Intel, plans launch of new VC fund Joel Hruska / Ex...