Intel’s Money Woes Throw Biden Team’s Chip Strategy Into Turmoil
Intel’s Money Woes Throw Biden Team’s Chip Strategy Into Turmoil

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Intel’s Money Woes Throw Biden Team’s Chip Strategy Into Turmoil

The Biden-Harris administration’s big bet on Intel Corp. to lead a US chipmaking renaissance is in grave trouble as a result of the company’s mounting financial struggles, creating a potentially damaging setback for the country’s most ambitious industrial policy in decades.