One could ask; with the billions of dollars from the Chips Act, why is Intel now laying people off?
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CHIPS act was a misguided effort.
Pat is so desperate with a broken strategy and a broken company he was first in line for free money.
All the free money in the world can’t fix a broken business model led by blind and fanatical people
Because they couldn’t do it before the CHIPS act.
@lfj+1jcGt6dc Then what everyone will soon learn is that a big new fab is just an expensive building without all of the various skills of people who make it do something.
The chip act money pays for construction projects, not Engineers.
ant chips act money is just drop in bucket for current projects speending on numerous new fab sites already ongoing
Pour encourager les autres.
The 100 that die so the 1000 may live.
You will probably need to learn to read the financial statements to answer your own question.
Are you proud to be part of a welfare fraud scheme? intel is a joke.
How to pay for ~$2B projected value of the CEO Bonus