CNA938 Rewind - Softbank, Trump administration: Twin lifeline for Intel?
The Trump administration is in talks to take a 10% stake in Intel by converting some or all of the struggling company's Chips Act grants into equity. Additionally, the once iconic US chipmaker is getting a $2 billion capital injection from SoftBank Group. How far will all this support go in helping the struggling chipmaker? Andrea Heng and Hairianto Diman speak with Bob O'Donnell, President and Chief Analyst, TECHnalysis Research, to find out.