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Intel in talks with other large investors for equity boost at discount, sources say
CNBCยท 2025-08-20 14:29
Intel is in talks with other large investors to receive an equity infusion at a discounted price, people familiar with the matter told CNBC's David Faber. Intel stock slid more than 6% on Tuesday, after rallying earlier this week on a $2 billion capital injection from SoftBank and reports that the Trump administration is weighing different ways to get involved with the company. Commerce Secretary Howard Lutnick told CNBC on Tuesday that the U.S. government must receive an equity stake in Intel in exchange f ...