Two former executives who ran the CHIPS Program Office say the US-Intel deal won't solve Intel's real issue: a lack of external customers for its foundry unit (Wall Street Journal) https://ift.tt/1XDjVLp
Wall Street Journal:
Two former executives who ran the CHIPS Program Office say the US-Intel deal won't solve Intel's real issue: a lack of external customers for its foundry unit — The Chips Act wasn't about raising revenue, and an equity share wouldn't enhance national security.
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