Comment by re-thc
14 hours ago
> They're paying the rest of the CHIPS Act money. Overall, they're putting in over $10B into Intel.
So taking a scholarship means you're giving a % of yourself to the school?
Was this ever mentioned when Intel signed up? Did you know about it?
> So taking a scholarship means you're giving a % of yourself to the school?
> Was this ever mentioned when Intel signed up? Did you know about it?
See my other comment:
https://news.ycombinator.com/item?id=44993388
The main point is that even with the prior administration, it wasn't a given Intel would receive all the money. This way, they get the full amount, and fast.
> This way, they get the full amount, and fast.
Intel has >20B in the bank. If they really want to they can wait and sell shares for a better deal like with SoftBank.
i.e. not the main point.