Concerns grow in Washington over Intel | Semafor
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Policymakers have grown worried enough about the chipmaker to quietly discuss scenarios should it need further assistance.

Summary

With Intel’s finances under strain, U.S. policymakers are exploring contingency plans, including a possible merger with rivals like AMD, as the chipmaker’s strategic importance grows amid competition with China. Despite a strong earnings forecast, Intel faces persistent losses, layoffs, and debt downgrades, raising doubts among officials about granting it CHIPS Act funds without clear recovery. Intel’s new 18A chip could restore its competitive edge, but skepticism remains over its ability to meet industry expectations.

  • boreengreen@lemm.ee
    501·
    14 days ago

    I feel like a merger would be a really bad idea. Then we would loose amd too.

    • SupraMario@lemmy.world
      34·
      14 days ago

      This is like the boeing/Douglas merger…intel will just bring in it’s shitty practices and ruin amd.