Trump administration's deal is structured to prevent Intel from selling foundry unit

techcrunch.com

Trump administration's deal is structured to prevent Intel from selling foundry unit

techcrunch.com

Nemeski@mander.xyz to

Intel@lemmy.zipEnglish · 12 days ago

Trump administration's deal is structured to prevent Intel from selling foundry unit | TechCrunch

techcrunch.com

The deal allows the U.S. to take more equity in Intel if the company doesn't retain at least 51% ownership in its foundry business.

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Intel Corporation is an American multinational corporation and technology company. Intel designs, manufactures and sells computer components and related products for business and consumer markets.

Intel supplies microprocessors for most manufacturers of computer systems, and is one of the developers of the x86 series of instruction sets found in most personal computers (PCs). It also manufactures chipsets, network interface controllers, flash memory, graphics processing units (GPUs), field-programmable gate arrays (FPGAs), and other devices related to communications and computing. Intel has a strong presence in the high-performance general-purpose and gaming PC market with its Intel Core line of CPUs, whose high-end models are among the fastest consumer CPUs, as well as its Intel Arc series of GPUs.

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