Hassett Thinks Intel Will “Get Its Act Together” With Cash Inflow, But Morgan Stanley Contends There’s No “Quick Fix” ...Middle East

In what is a testament to the unusual nature of the funding-for-equity deal between the US government and Intel that was signed and dusted just last week, the financial airwaves are still choked with prized takes from the who's who of the financial world, with Morgan Stanley's Joseph Moore now adding to this cacophony with his relatively somber take. As we noted in a dedicated post on Friday, the US government is now poised to convert $11.1 billion in grants earmarked for Intel - consisting of $5.7 billion in CHIPS Act grants that are yet to be transferred to Intel, […]

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