This will be the first step to ensure continuous innovation and cash flow. Now we have hitched ourselves to US taxpayers to maintain competitive advantage.
Those garbage companies like AMD and TSMC must be shivering already in their taiwanese sweatshops.
Next step is to improve yields. Intel will surpass garbage AMD soon wait and watch
Buy American, Hire American.
For all the fearmongers out there, think about this: It’s not like Trump could do any worse as the new CEO.
Look forward to the investment. It is not going to be an easy path regardless of investments but this is a statement of intent. Of course it is nationalistic, it is always the case with all nations who will takes step to boost key industries and companies.
OP sees those garbage companies in his rear view mirror. Haha.
@as that’s the brilliant part. Intel gets nothing at all. Congrats! Now all the right wingers will tell you how brilliant trump is.
money goes to foreign plants not stay in the us. thanks trump and japan for nothing.
Does it mean no Chip Act money? Where will Intel get money? From the stock?
Congratulations on the moneys! You've earned it on the merits of mediocrity.
300 percent tariff on products not fabed at intel. Puts on TSMC.
We need more details on this deal.
Does this dilute existing shareholders?
Is the money for this the same as the chips act money?
Is this not dilutive and just an equity purchase on the open market?
So many questions…
If you had bought it then, you'd be thanking me now!
Tune in next week when fabless semis are requested to use “government fabs” or “bad things will happen.”
Nothing from nothing leaves nothing. But you gotta have something if you want to play in D.C.
You sure that means more money?
or
Chips act dollars we already got just mean the gov. owns 10% of Intel and makes back the dollars when we fold?
US gov. first in line for the refund.
I'm all for hire Americans. Intel products will most likely remain inferior unfortunately. I just want the equity in the housing market in the Portland metro are to remain elevated so whatever the company has to do.