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We’ve seen claims that tech giants likeApple have consideredtaking over Intel toQualcomm mulling overan Intel purchase.
The CHIPS act is meant to help American tech companies that manufacture components compete with China via cash infusions.
Currently, Intel is slated to receive over $20 billion in grants and low-interest loans via CHIPS.
Currently, most chips are manufactured in China.
Though the company did have a rosier outlook for Q4.
What about AMD?
Marvell is another tech company that was named, which is based out of California.
The U.S. government, as far as we are aware, has never forced a merger between two companies.
The company has a massive order from the U.S. Department of Defense andAmazonWeb Services.
Intel is also expecting the launch of the 18A chip, coming in 2025.
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