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.

https://archive.is/sb4IK

  • buckykat [none/use name]
    ·
    15 days ago

    get billions of dollars from the government to hire more people

    fire 20,000 people instead

    Oh, poor Intel and its money woes

    • plinky [he/him]
      ·
      15 days ago

      More like:

      oooh ai train

      guess we doin gpus now

      oooh fab train

      guess we doing libraries now

      oooh performance train

      guess we doing 6ghz now

      oooh no demand train

      guess we doing downsizing now