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.
God the moment that the government turns off the money spigot to these companies (either via the Fed setting interest rates above 0% or doesn't give them insane do nothing contracts) they fucking die
God the moment that the government turns off the money spigot to these companies (either via the Fed setting interest rates above 0% or doesn't give them insane do nothing contracts) they fucking die