What's the significance of $5B of stock? Does that mean controlling share in Intel?

mr_toad 7 days ago | parent | next [-]

It’s a corporate engagement ring.

zeograd 7 days ago | parent | prev | next [-]

Article mentions it amounts to ~5% ownership

kypro 7 days ago | parent | prev | next [-]

No, 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 7 days ago \| parent [-]
		Seems like when Microsoft invested in Apple to keep Apple from going out of business and turning Microsoft into a potential Monopoly.

iamacyborg 7 days ago | parent | prev | next [-]

I would assume not given their market cap.

Ozarkian 7 days ago | parent | prev [-]

It's written in the article that the $5B represents about 5% of Intel stock outstanding.