From my understanding, these funds were already approved by the Biden Administration via the Chips act and another. Our president managed to obtain 10% of the shares for this money that was already going to intel in exchange for removing a clawback provision stipulated by the Chip’s act.
Norway has an incredible sovereign wealth fund that funds many benefits for its citizens. Perhaps if the Intel dividends are used for social security benefits, there will be bipartisan cheering.
Norway has an incredible sovereign wealth fund that funds many benefits for its citizens. Perhaps if the Intel dividends are used for social security benefits, there will be bipartisan cheering.