As you understand, Intel’s newest monetary outcomes weren’t good, with a lack of $1.6 billion. This significantly dampened the inventory market, the place the corporate was closely devalued. In response, the corporate was shedding workers in droves, whereas foundry tasks had been postponed. Thus we discovered that there can be no plant in Germany, at the very least not in the meanwhile. The identical goes for the CHIPS & Science Act within the USA. Effectively, no matter.
Intel ought to quickly be entitled to its $8.5 billion funding within the U.S.!
Whereas in Europe, we’re all the time those who get the brief finish of the stick (vitality too costly, lack of funding, too many requirements, and so forth.), in the US, the state of affairs is clearly higher. Certainly, a supply near the Monetary Occasions signifies that the American subsidies granted beneath the CHIPS & Science Act might be paid to the corporate by the top of the 12 months. Clearly, this may be excellent news for the corporate, which might then open new websites in Arizona, New Mexico, Ohio and Oregon.
This could allow the corporate to reassure buyers and clients/customers alike. We additionally anticipate the corporate’s share value to get better.
Intel has set itself the problem of turning into a world semiconductor manufacturing hub. To attain this, the corporate is banking on 18A to such an extent that “the way forward for the corporate” is predicated on this course of. There’s no room for failure in this type of wager!
