Bloomberg Technology
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Biden's Bet on Intel to Lead US Chipmakers Is in Trouble
Posted
September 4, 2024
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3:04Now PlayingThe 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. Intel is trying to access billions of dollars in grants from the government, but there are strings attached. Bloomberg's Ed Ludlow reports.
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