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'Crises at Boeing and Intel Are a National Emergency'
Intel and Boeing, once exemplars of American manufacturing prowess, now face existential crises. Their market values have plummeted, jeopardizing not just shareholder wealth but national security. The U.S. is losing its edge in manufacturing high-tech products, crucial in its geopolitical contest wi...
Unlike past manufacturing declines, Intel and Boeing's woes stem from internal missteps, prioritizing financial performance over engineering excellence. Their potential demise threatens America's semiconductor and commercial aircraft industries, with far-reaching consequences for the nation's technological ecosystem. "Until Comac succeeds in gaining significant global market share, it will continue to run big losses and be bailed out by the Chinese government," said Atkinson, whose organization gets support from Boeing.
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