$19.5 Billion CHIPS Act Package For Intel Is A Diversified Bet

US President Joe Biden arrives for a ceremony at the groundbreaking of the Intel semiconductor ... [+] manufacturing facility near New Albany, Ohio in 2022. He will be in Arizona late today.© 2022 Bloomberg Finance LPThe U.S. Department of Commerce announced $8.5 billion in grants and $11 billion loans for Intel INTC Corporation this morning. While it is probably not a surprise that the only American headquartered chip manufacturer would receive help in funding its new facilities, there are several aspects ...