Tech
Intel rescue will depend on Trump as investor — and pitchman
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A US government plan to take a stake in Intel Corp. would give the ailing chipmaker a powerful backer, even if a bigger challenge still lies ahead: finding enough paying customers.
Wall Street analysts don’t expect the money alone to turn around Intel’s business, which has suffered from years of declining sales and the loss of market share. But there is a possibility that pressure from President Donald Trump will help the chipmaker line up more clients for its production arm — potentially justifying the cost of expanding domestic…
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