February 12, 2025
CHIPS Act rivalry between Intel and TSMC prompts White House ‘slap’

Yesterday highlighted CHIPS Act rivalry between Intel and TSMC in particular, as the US chipmaker voiced its view that American firms should get higher priority when it comes to financial assistance from the government.
However, the White House has effectively given Intel a slap, by stating that the goal of the fund is not to help out struggling companies – and hinted that Apple chipmaker TSMC is likely to be a higher priority …
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