Here’s the big concern with chip makers scoring billions in funds from Uncle Sam
On the day that Congress finally passed a long-awaited funding package for domestic U.S. chip production, Intel Corp. slashed $4 billion from its spending plans while detailing disappointing earnings that one analyst called “the worst we have seen in our career.” On Tuesday, when President Biden signed that bill into law with Micron Technology MU, …
Here’s the big concern with chip makers scoring billions in funds from Uncle Sam Read More »