Concerns grow in Washington over Intel
Concerns grow in Washington over Intel
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.
I feel like a merger would be a really bad idea. Then we would loose amd too.
This is like the boeing/Douglas merger....intel will just bring in it's shitty practices and ruin amd.
Sounds like we need a department of computing chips. It’d be a shame if someone nationalized your company, Intel.
I don't think the government should really be running the business themselves. Let them break up into a bunch of little companies.
Lmao, no. The reason the feds care is because of the national security necessity of having home grown chip fab and design, and breaking intel up would be counter to that aim. Seize them and gut the leadership to start, see what that gets us before trying to break them up imo.
Who could each individually sell of any profitable assets, lay-off their employees, and enshittify their operations in search of shareholder value. Excellent plan.
Intel is cooked and ready for the trash. Dig a big hole in the ground and bury the C-suite in there, maybe they will germinate and grow a new chip plant.
Onion News Network’s money hole bit https://youtu.be/JnX-D4kkPOQ
maybe they will germinate and grow a new chip plant.
And that, children, is where baby potatoes come from.
"free markets"
The Invisible Hand
including a possible merger with rivals like AMD
Please no