On August 26th, according to the Washington Post, Intel (INTC. O) warned on Monday that the Trump administration's 10% stake poses a risk to its business and that the government shareholding ratio could rise to 15% if it fails to meet specific manufacturing thresholds. In a filing with the Securities Exchange Commission (SEC), Intel said the deal could lead to lower sales and provoke strong opposition from other countries, business partners and even its own employees.
According to the Washington Post, Intel (INTC. O) warned on Monday that the Trump administration's 10% stake poses a risk to its business and that the government shareholding ratio could rise to 15% if it fails to meet specific manufacturing thresholds. In a filing with the Securities Exchange Commission (SEC), Intel said the deal could lead to lower sales and provoke strong opposition from other countries, business partners and even its own employees.