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Intel Has Now Reportedly Tapped $8.5 Billion In New Funding Over The Past Week

NewsTech

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Intel

With Intel's market capitalization recently falling below that of Starbucks, the beleaguered chipmaker is now attracting phenomenal interest from bargain hunters, premised on the belief that the US government will not allow such a strategically important entity to go bust. As an illustration of this evolving phenomenon, consider that Intel has reportedly tapped $8.5 billion in new funding just over the past couple of days. As we noted on the 16th of September, Intel has now officially received the authorization for $3.5 billion in direct funding under the Secure Enclave program of the Department of Defense, which aims to incentivize […]

Read full article at https://wccftech.com/intel-has-now-reportedly-tapped-8-5-billion-in-new-funding-over-the-past-week/

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