Get the latest tech news
Intel might be too big to fail
Too big to fail.
American lawmakers have quietly been discussing options on how they could help Intel get back on its feet should its financial situation deteriorate. According to a Semafor report, sources say this possible rescue package will be above and beyond the scope of the CHIPS Act, which would award the company at least $8.5 billion before the end of 2024. These discussions show how much Washington, D.C. values Intel, primarily as the U.S. competes with China for global dominance in advanced technologies.
Or read this on Hacker News
