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607 points givemeethekeys | 1 comments | 22 Aug 25 21:01 UTC | HN request time: 0.213s | source

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wmf ◴[22 Aug 25 21:39 UTC] No.44990149[source]▶

This is worse than I expected. They're apparently putting in no new money and retroactively demanding stock in exchange for grants that were already awarded. If Intel can't afford to build 14A and we're putting in no net new money... then Intel still can't afford 14A? Unless they were lying.

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1. lovich ◴[22 Aug 25 22:52 UTC] No.44990896[source]▶

>>44990149 #

Or they just devalued all of the current stock holders. Intel needed the capital, not Intel stock

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U.S. government takes 10% stake in Intel