Intel warned Monday that the Trump administration’s 10% stake in the chipmaker presents risks to its business, potentially jeopardizing sales and its standing with stakeholders, as the White House signaled it may pursue similar tie-ups with other companies.
In a Securities and Exchange Commission filing, the company said international sales could suffer as a result of the agreement President Donald Trump announced Friday that turned the federal government into its largest shareholder. Intel also said it could face litigation and possible backlash from foreign governments, business partners and even its own employees over the deal.