The U.S. Said It’d Give Billions to Chipmakers Like Intel. Now Come the Layoffs (Nik Popli/Techland – Time)

Nik Popli / Techland – Time
The U.S. Said It’d Give Billions to Chipmakers Like Intel. Now Come the Layoffs – Reported job cuts come at an awkward time for Intel, given that the company lobbied heavily for the subsidies in the CHIPS Act. When a group of semiconductor companies, including Intel Corp., lobbied Congress to pass the $52 billion chip-stimulus bill earlier this yearone of the biggest federal investments in …

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