Intel Shows Limitations of Chip Law

The idea that US lawmakers bailed out a huge subsidy package for the semiconductor industry is full of irony, just as the nation’s largest semiconductor maker has proven the limits of such measures.

House of Representatives Thursday afternoon passed a bill popularly known as the Tipping ActThat paved the way for President Biden to sign a bill that would provide about $53 billion in direct financial support for the construction of chip manufacturing facilities in the United States. considered a long shot Within two weeks for more urgent matters such as: soaring inflation, war in ukraine and come midterm elections It caught the attention of lawmakers.

Intel Shows Limitations of Chip Law

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