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Photon Capital @PhotonCap · 04 Sep 2026

- $INTC raised $20B at $95/share; U.S. government holds 10% equity stake via CHIPS Act conversion. - $NVDA disclosed ~$30B stake in $INTC, signaling confidence in foundry and AI infrastructure role. - SK Hynix considering $INTC Foundry for HBM4E base dies; validates advanced
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