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Correction: Renegotiated a prior loan as a $8.9B stock purchase.

• phkahler 1y ago
  Does that mean Intel doesn't ever have to pay it back?
  • deleted 1y ago
    [deleted]
  • KeplerBoy 1y ago
    It means Intel already paid it back. The dilution hurt all other owners.
    • hopelite 1y ago
      That is arguable. Regardless of everything else, currently Intel stock is up about 50% from recent averages. If investors were so hurt, they really should be selling right now, and there seems to be reason to do so because Intel's troubles have not gone away with this Nvidia stake that does not touch Intel's rotten underbelly.
      • KeplerBoy 1y ago
        Both statements can be true. Dilution hurts investors, but fresh cash and a strategic Nvidia partnership have huge potential upsides.