The Biden administration's big bet on Intel to lead a US chipmaking revival is in trouble as Intel struggles to meet milestones for receiving CHIPS Act grants (Mackenzie Hawkins/Bloomberg)

2 months ago 10
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Mackenzie Hawkins / Bloomberg:
The Biden administration's big bet on Intel to lead a US chipmaking revival is in trouble as Intel struggles to meet milestones for receiving CHIPS Act grants  —  - Chipmaker is actively reevaluating global manufacturing plans  — Intel faces unclear path to biggest award from subsidy program

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