Scalper1 News
Intel will invest up to $1.5 billion for a 20% share of China’s state-backed Tsinghua Holdings as part of a deal to accelerate development of chips for mobile phones and other electronic devices. Santa Clara, Calif.-based Intel (INTC) announced the deal early Friday, with Intel CEO Brian Krzanich noting in a statement that the agreement with Tsinghua Holdings subsidiary Tsinghua Unigroup “underscores Intel’s 29-year-long history of investing in Scalper1 News
Scalper1 News