SoftBank to Invest $2B in Intel
reuters.comSo Japan had some investment in the US guaranteed as part of their trade deal but then there were also talks that TSMC would purchase up to 49% of Intel. Does this fulfill either obligation?
None dare call it bailout.
Bailout as predicted and Intel is not allowed to fail and the CEO appears to be excited about running to the government for a cash infusion rather than rejecting one as the company continues to decline. [0]