Intel in talks with other large investors for equity boost at discount, sources say
1. Intel is seeking additional equity infusion beyond SoftBank's $2 billion investment. 2. The stock dropped 6% despite previous gains from SoftBank's capital injection. 3. CHIPS Act funds require equity stakes, complicating Intel's financing strategy. 4. Intel continues to struggle with declining sales and market share. 5. CEO Lip-Bu Tan faced recent scrutiny but had a positive white house interaction.