Report: The U.S. government is considering further assistance for Intel

Wallstreetcn
2024.11.04 23:42

Recently, according to informed sources, concerns in Capitol Hill about Intel's operating conditions are growing increasingly serious. Congress members have been secretly discussing how to further assist Intel, which has previously received at least billions of dollars in aid from the Biden administration. Top officials from the U.S. Department of Commerce overseeing the funding operations related to the CHIPS Act have discussed with lawmakers such as Mark Warner, who led the legislation, whether Intel needs more help. (semafor)