The Biden-Harris administration’s big bet on Intel Corp. to lead a US chipmaking renaissance is in grave trouble as a result of the company’s mounting financial struggles, creating a potentially damaging setback for the country’s most ambitious industrial policy in decades.
it’s fascinating to see ppl on reddit investing in intel solely because of American exceptionalism. they think that in a few years Intel will be able to compete or even beat TSMC despite there being zero evidence to support that assertion.