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Intel warns shareholders that the US government's 10% stake could hurt company's international sales
Money can hurt?
One of Intel's biggest concerns is its dependence on foreign markets: In fiscal 2024, the company earned 76% of its $53.1 billion revenue outside the United States, a slight decline from the previous year, but still the lion's share. "Among other things, there could be adverse reactions, immediately or over time, from investors, employees, customers, suppliers, other business or commercial partners, foreign governments or competitors," the statement says. The first is roughly $5.7 billion, which represents accelerated payments from Intel's earlier arrangement with the Commerce Department under the CHIPS Act.
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