Intel gets $5.7 billion from Trump deal as White House says details are 'being ironed out'
Intel CFO David Zinser said that the semiconductor giant received $5.7 billion from the U.S. government on Wednesday evening.Zinsner acknowledged the investment on Thursday during an investor conference. The investment is part of the White House's decision last Friday to take a 10% stake in the beleaguered computer chip company.Zinser also signaled the possibility that Intel seeks outside investment for its foundry business. The company reported better-than-expected second-quarter results on July 25, but it ...