Intel CFO explains why they took the Trump deal

And gave the government a 10% stake(sold them 10%). CFO said Trump made it clear to them they would not get ANY of the already approved CHIPS act money if they didn't take the deal. It was BILLIONS of dollars, so Intel had no choice but take the deal because to try and take the government to court over it would have taken years.

Reminder, the money was already approved by Congress

Follow Ups:

• Why does Wood keep posting as UCLAtenissfan russsmith 19:04:12 08/28/25 (2)
  • Nobody cares* Dr.J 20:03:52 08/28/25 (0)
  • Cowardice* CoastalBruin 19:27:42 08/28/25 (0)
• How could Donald Trump keep getting away with extortion? UCLATennisFan 18:03:52 08/28/25 (0)
• Intel has gone from the penthouse to the outhouse SagoBob 17:22:47 08/28/25 (0)
• So basically, extortion* blindness 16:09:33 08/28/25 (0)

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