MariaEvelina
03-25

$Intel(INTC)$

Intel expects to receive around $33.5 billion or $7.86 per share in USG grants and

investment tax credit to offset CapEx and R & D.

Intel to receive $3.2 billion and around $11 billion in grants from Israel and Germany, respectively.

Intel to receive around $2 billion from state of Ohio.

It totals $49.7 billion or $11.67 per share in government grants and tax credits.

Given the substantial government support and Intel's strategic position in the semiconductor industry, some investors view the stock's potential upside favorably.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment