https://www.yahoo.com/news/congress-giving-billions-chip-industry-122011479.html
From the article.
Intel taking over an abandoned factory in Chengdu, China to build chips? That I did not hear about and I work for Intel.
This doesn’t sound too good, getting in bed with the DEVIL, so much for a private company maybe being told what to do. I don’t trust big government, both sides.
“Intel ultimately shelved the plan. But for lawmakers and the administration it became a vivid example of the need to pass legislation aimed at luring the global chip industry back to the United States. It was also an argument for giving the federal government significant influence over the industry, according to lawmakers, congressional aides and administration officials, many of whom requested anonymity to discuss private deliberations”.