2 ms·
What's the significance of $5B of stock? Does that mean controlling share in Intel?
by bobajeff 1y ago
What's the significance of $5B of stock? Does that mean controlling share in Intel?
- iamacyborg 1y agoI would assume not given their market cap.
- kypro 1y agoNo, but it's still a big stake from the largest player in semis. You wouldn't expect a move like that if they didn't see an opportunity there.
- onlyrealcuzzo 1y agoSeems like when Microsoft invested in Apple to keep Apple from going out of business and turning Microsoft into a potential Monopoly.
- Ozarkian 1y agoIt's written in the article that the $5B represents about 5% of Intel stock outstanding.
- zeograd 1y agoArticle mentions it amounts to ~5% ownership
- mr_toad 1y agoIt’s a corporate engagement ring.