https://www.reuters.com/technology/us-senator-presses-intel-ceo-chips-award-after-job-cut-plan-2024-08-28/
4 replies (most recent on top)
As long as Ohio proceeds, I don't foresee any issue with the US chips money and Intel layoffs. Intel has significantly more staff then all competitors combined. We are way too fat and we are no longer in the lead, Lip-Bu was right, we need to cut more than 15% and become agile to compete. Agility and speed of execution are needed for survival now.
Everyone write to your senators and congresscritters to get the Chips act money pulled from Intel
The US government needs to take over Intel like it did with GM and Chrysler and fired their CEOs.
If you take government money, they own you.
The government should pull back Intel's Chip Act money. Why should the US taxpayers pay for a plan that will not happen.