$Intel (INTC.US)$ can the USA afford to let intel fail? I me...
$Intel (INTC.US)$ can the USA afford to let intel fail? I mean tsmc in Taiwan, and we know that situation. I have a gut feeling that intel have a trick up it sleeves maybe with some help from DARPA, and the new foundry on US soil, would make sense. maybe why they culled 14000 staff. cleaning out any possible unvetted workers who may compromise to CN. maybe someone can check if any politicians have purchased intc recently? we may get our answers. I'm holding for 10yrs.
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来自新村阿贤 : It's just a drop
152305851 OP 来自新村阿贤 : maybe you could elaborate on your 4 word response please?
103291848 152305851 OP : depends on who becomes president, Trump has a "America first" policy while Kamala is more lenient. But if Kamala's administration works the same as Biden's, there should be more Chip Acts since they've mentioned the necessity to reclaim the manufacturing leadership.
The layoffs is just logistics. Intel has a newly appointed COO, and the next week there's a 15% layoff? Just part of the strategy to reduce operational costs.
71340186 : Ah yes compromised to China like Amazon meta Tesla google Microsoft layoffs