Intel in conversations with major investors for stock collaration at discounts, reports

Intel is in talks with other major investors to receive a stock infusion at a discounted price, CNBC reported on Wednesday, a few days after the chipmaker received a $ 2 billion capital injection from Softbank Group. It also follows that Reuters reports that US trade secretary Howard Lutnick is investigating the government that takes equity stake in Intel and other chipmakers in exchange for grants under the Chips Act, which aims to respond to a reuters request for comments to respond to a reuters. Silicon Valley Pioneer Intel struggles of years of mistakes in his manufacturing operation and missed opportunities around the artificial intelligence boom, which amounts to one of the most difficult periods in the history of the business. The company lost its competitive advantage years ago to Taiwan Semiconductor Manufacturing Co., the largest producer of the world. Chip designer Nvidia dominates in the AI disk market, while Intel loses the market share in computers and data centers to compete advanced microploves. (Reporting by Arsheya Bajwa in Bengaluru; Editing by Arun Koyyur) Disclaimer: This story was published from a wire agency feed without changes to the text. Only the head has been changed.