Trump administration's deal is structured to prevent Intel from selling foundry unit | NYGazet

The deal allows the U.S. to take more equity in Intel if the company doesn't retain at least 51% ownership in its foundry business.

The Trump administration seems intent on controlling Intel’s ability to make key business decisions around its floundering foundry business unit. According to reporting from the Financial Times, at a Deutsche Bank conference on Thursday, Intel’s CFO ... [2798 chars]