The most discussed issue is Intel’s $8.5 billion subsidy payment, which exceeds the budget specified in the Chip Law. American authorities may use this as a last resort if the seller’s already precarious situation worsens.
The reason for officials’ concern is the worsening market situation for Intel: contract manufacturing of semiconductors did not justify itself – revenue fell by 1%, and net loss in the second quarter of 2024 reached $ 1.61 billion. Valuation fell by $32 billion per day. -Why did investment outflow begin?
Source: Ferra
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