Is anyone prepared to step up and take on part of the huge costs of ensuring the US has a position at the forefront of the world’s most advanced manufacturing industry? That question looms large at the end of a week of turmoil at Intel, the world’s leading chipmaker for decades until its recent struggles.
https://www.ft.com/content/c0b76557-4200-40f6-8511-56b021e481a8
Intel failure is because of Washington to blame.
The idea that Intel is required for national security is as d-mb as the idea that the largest banks are 'too big to fail'.
Creative destruction is the heart of capitalism, let the old barn tumble to the ground I say. Plenty of smart companies will rise from the ash.
Why does it need to save a leaking / sinking board?
No comment
The next administration is not going to be interested in corporate welfare. The only type of a possible government action would be Trump telling Kushner to load on INTC puts and then taking over the fabs for $1 "in the interest of national security".
It is better to have US government, TSMC and private investors to buy all Intel fabs and contract to TSMC to run the fab as suggested by the well known semiconductor analyst Andrew Lu. This will alleviate Intel of the heavy burden and reduce the risk of TSMC being the sole owner of Intel fabs in US while allow semiconductor manufacturing to grow in US.
maybe hire better in your next company and have better standards
the US is at what 36 trillion in debt