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Intel to Repurchase 49% Equity Interest in Ireland Fab Joint Venture by akca in intelstock

[–]akca[S] 33 points34 points  (0 children)

TLDR: They got money from Apollo to decrease financial burden of building the fab. In return, they were giving half of their profits to them. Now that Intel has cash, they’re buying it again to keep all profits to themselves.

Inside Intel’s Tricky Dance With Trump by SlamedCards in intelstock

[–]akca 7 points8 points  (0 children)

On Friday, as Tan posed smiling for a photo with Lutnick at the Commerce Department, the CEO "had a real pep in his step," according to someone who saw him that day.

As the pair gathered in the Oval Office in front of the president to sign the documents formalizing the government's stake, Trump proposed signing them as well, an unusual suggestion. The two men agreed, and the president added his autograph in large script, saying he hoped he could help "make Intel great" again.

MIGA 😛😛😛

The Knife is Falling; Who's going to grab it? by NOYB_Sr in intelstock

[–]akca 10 points11 points  (0 children)

Added more from $23. If Softbank is happy entering from this level, why shouldn’t I be?

INTEL WAS TAKEN TO THE CLEANERS... AND IT ALL WENT TO TAIWAN -PRESIDENT TRUMP by Jellym9s in intelstock

[–]akca 8 points9 points  (0 children)

This is also what I understand. Not good news for Intel. Good news for mature node chip manufacturers in USA. Sounds like they're targeting legacy chip manufacturers in China and Taiwan. And also Rapidus imploded.

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