Intel receives $8.5 billion from US for expanding high-end fab capacity
Intel receives $8.5 billion from US for expanding high-end fab capacity
Chips Act funding will primarily be directed toward development of Intel’s 18A node.
Chips Act funding will primarily be directed toward development of Intel’s 18A node.
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kindergarten teachers buy their own supplies and have bake sales to educate your children.
intel grossed 21 billion dollars last year.
Exactly, this behavior is repugnant, further stuffing an already stuffed pig.
I agree with the sentiment, and America should be taking care of its teachers first. But thst doesn't make this move a bad idea. America needs to figure out where its jobs that drive trade come from in the next 30 years. Manufacturing is dead, no one wants American products, and American dominance of software is coming to a close.
This is to try and build an industry for chip manufacturing in America, rather than let China have it, it's much more profitable for Intel to just build their next fab in China.