Intel has reportedly received the rest of its CHIPS Act grants, according to CFO David Zinsner, and this move has positioned the firm's balance sheet in a great spot.

Intel's Balance Sheet Has Now Significantly Improved Following The Deal With The Trump Administration

Team Blue was all over the headlines a few days ago, mainly due to the firm's deal with the Trump administration, under which they will own a 10% stake in the company, which has been adjusted under the CHIPS Act grants to make it a budget-neutral move. Now, while speaking at the Deutsche Technology Conference , Intel's CFO David Zinsner has revealed that the firm received $5.7 billion in the form of CHIPS Act grants a few days ago, and has also claimed that in terms of monetary conditions, Team Blue is in a great spot.

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