Intel CFO says the US deal aims to deter Intel from selling its foundry; it lets the US buy 5% more at $20/share if Intel's stake in the unit falls below 51% (Financial Times)

Wait 5 sec.

Financial Times:Intel CFO says the US deal aims to deter Intel from selling its foundry; it lets the US buy 5% more at $20/share if Intel's stake in the unit falls below 51%  —  US chipmaker has faced pressure to sell lossmaking foundry business struggling to compete with TSMC