Intel's new foundry strategy will involve breaking out the new unit's financials to let investors see how that part of the business is operating. Gina Raimondo, the US secretary of commerce, compared the US government's current focus on revitalizing its chip industry to the space race of the 1960s. Intel's decline has caused concern in the US national security establishment.
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Wired
Intel’s AI Reboot Is the Future of US Chipmaking
The biggest chipmaker in the US is hoping that generative AI—and US government concern about China’s tech ambitions—will revitalize its business.