News Intel's CHIPS Act funding restricts the sale of foundry buisness — company has to maintain majority share if it spins off manufacturing unit

[Admin]

Intel must maintain control of Intel Foundry even in case it decides to spin it off into a separate private or public company.

Intel's CHIPS Act funding restricts the sale of foundry buisness — company has to maintain majority share if it spins off manufacturing unit : Read more

 

[Captain Awesome]

Does this mean Intel gets paid the grant money right now? Or will they get the money some time after going bankrupt? 🤔