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Can the Biden administration support struggling Intel - semiconductor strategy confusion?
September 4, 2024 18:03 JST (excerpt)
Intel is scheduled to receive financial assistance based on the CHIPS Act.
Intel is seeking more timely financial support - according to sources
The program that the Biden administration has placed its bets on Intel, hoping for a revival of semiconductor manufacturing domestically, is facing a serious problem as a result of the company's deteriorating financial situation. This could undermine the most ambitious U.S. industrial policy in decades.
Five months have passed since President Biden visited Arizona and revealed the possibility of a $20 billion incentive package with Pat Gelsinger, the CEO of Intel, but there are increasing doubts about when the company will receive the funds, or whether it will be able to receive them.
September 4, 2024 18:03 JST (excerpt)
Intel is scheduled to receive financial assistance based on the CHIPS Act.
Intel is seeking more timely financial support - according to sources
The program that the Biden administration has placed its bets on Intel, hoping for a revival of semiconductor manufacturing domestically, is facing a serious problem as a result of the company's deteriorating financial situation. This could undermine the most ambitious U.S. industrial policy in decades.
Five months have passed since President Biden visited Arizona and revealed the possibility of a $20 billion incentive package with Pat Gelsinger, the CEO of Intel, but there are increasing doubts about when the company will receive the funds, or whether it will be able to receive them.
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$Intel (INTC.US)$
Where are you going to create the research institute for Japan and chips?
Where are you going to create the research institute for Japan and chips?
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Rabbit3150
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$Intel (INTC.US)$ Is intel dead?
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Rabbit3150
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$OSE Nikkei 225 Futures(SEP4) (NK225main.JP)$Are they planning to provide buying opportunities to the new Neetsami with a significant stock price crash due to additional rate hikes?
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Rabbit3150
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$Nikkei 225 (.N225.JP)$ Finally, the dreaded September! This week's employment statistics are worth watching! If the unemployment rate goes up to 5, the market will change drastically! Looking forward to it!
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$OSE Nikkei 225 Futures(SEP4) (NK225main.JP)$
If it continues like this, will tomorrow be a significant decline?
If it continues like this, will tomorrow be a significant decline?
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$Intel (INTC.US)$
I will participate by holding it for the long term.
I will participate by holding it for the long term.
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