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Go read how the US government’s big bet on Intel is in jeopardy.
Intel stands to receive $8.5 billion in CHIPS Act funding, ostensibly to make America lead in silicon again, but Intel’s not looking like much of a leader right now. Among other things, Anna Swanson and Tripp Mickle at The New York Times found out Commerce Secretary Gina Raimondo has asked Big Tech to order chips from Intel fabs — and most of them said no.
The White House Bet Big on Intel. Will It Backfire?
[The New York Times]
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