Chip fabs are the latest form of digital infrastructure investment. Intel Corp and Canada's Brookfield Asset Management agreed to jointly fund up to $30 billion for Intel’s chip factories in Arizona.
As frequently is the driver for other co-funding ventures in the digital infrastructure space, Intel will limit its own capital investment in return for giving up part of the future revenue from the investment.
Brookfield will invest up to $15 billion for a 49-percent stake in the project. Intel will retain majority ownership and operating control of the two chip factories.
No comments:
Post a Comment