Intel nears $8.5B funding deal with U.S. gov't for manufacturing boost and market strengthening.

Intel is reportedly close to finalizing an $8.5 billion funding deal with the U.S. government, as reported by the Financial Times. This funding aims to bolster Intel's manufacturing capabilities and strengthen its market position, aligning with U.S. national security goals. The deal could be confirmed by the end of this year, according to insider sources involved in the discussions.

September 27, 2024
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