How Intel shifted from subsidy stake with Washington

Talk of a US government taking an equity stake in Intel sounds dramatic, no doubt. But for investors, it doesn't solve the company's core issue, which is catching up in advanced chip manufacturing. In July, Lip Bhutan told employees Intel's advanced manufacturing would only move forward with quote confirmed customer commitments and quote no more blank checks.It was a direct signal to Washington. Without outside orders, Intel wouldn't build. That message landed after 10 also met with President Trump just thi ...