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Intel CFO: Received $5.7 billion in cash from U.S. government last night
IntelIntel(US:INTC) CNBC Televisionยท2025-08-28 16:16

Government Funding & Investment - Intel confirmed receiving $5.7 billion from the government [1] - SoftBank's $2 billion investment was a coincidence [2] Foundry Business Strategy - Success in the foundry business depends on providing the best advanced processes and higher yielding chips [3] - Potential for other external customers represents a second opportunity to raise cash [3] Market Performance - Intel's shares are down by half a percent [3]