Intel also announced the creation of a central engineering group that will build custom chips for outside customers.
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While Intel says the government is making an “$8.9 billion investment in Intel common stock,” the administration does not appear […]
Such federal government ownership of a major corporation would mark a dramatic departure from long-standing U.S. policy.
This deal would be meant to help Intel bulk up its U.S. chip manufacturing, including its much-delayed Ohio factory.