US Government Invests Billions in Intel

Government Buys Stake in Intel: Is This the Future of US Tech? The US government just invested $8.9 billion in Intel, acquiring a 10% stake to boost domestic chip production and compete with Asia. Find out how this unprecedented move, funded by the CHIPS Act, aims to revitalize Intel, strengthen national security, and what it means for the US-China tech race. Did it work? Intel's stock jumped 7%, but will it last? Hosted on Acast. See acast.com/privacy for more information.