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607 points givemeethekeys | 1 comments | 22 Aug 25 21:01 UTC | HN request time: 0s | source

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voxadam ◴[22 Aug 25 21:29 UTC] No.44990041[source]▶

Intel press release:

replies(1): >>44990541 #

robocat ◴[22 Aug 25 22:17 UTC] No.44990541[source]▶

So no shareholder vote required?

It is equivalent to a 10% dilution (shares issued for no extra cash).

lugu ◴[22 Aug 25 22:23 UTC] No.44990602[source]▶

How can this be any good for Intel? Why is the stock value bumping 6%?

1. HDThoreaun ◴[23 Aug 25 20:31 UTC] No.44998894[source]▶

Intel is now a meme stock. The gamestop crew is getting in

U.S. government takes 10% stake in Intel