Intel's Financial Concerns Escalate

This is a China news story, published by Semafor, that relates primarily to Intel news.

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Concerns grow in Washington over Intel | Semafor

Summary

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Intel is seen as too strategically important to be allowed to fall into serious trouble.

One option is a merger, led by the private sector but possibly encouraged by the government, of Intel 's chip-design business with a rival like AMD or Marvell , the people said.

Intel is slated to receive $8.5 billion in grants and $11 billion in low-interest loans.

America is in a high stakes race for technological superiority over China , which subsidizes its private-sector efforts.

Bringing chip production âfabs back to the US solves the immediate dilemma of supply chain vulnerabilities and the possibility of China taking control of TSMCâs Taiwan headquarters.

The longer term problem is that the US government forgot how to spearhead innovation in key areas.

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