How Intel shifted from subsidy stake with Washington

Government Intervention & Funding - Potential US government equity stake in Intel is being considered, possibly funded through existing CHIPS Act money [2] - Intel has already received billions of dollars in CHIPS Act funding under the Biden administration [2] - Trump is considering more support in the form of an equity stake potentially even funding those that stake through the existing chipsack money [2] Intel's Core Issues & Challenges - Intel's core issue is catching up in advanced chip manufacturing [1] - Intel's advanced manufacturing requires confirmed customer commitments and will no longer receive "blank checks" [1] - Intel lags behind TSMC and Samsung in producing cutting-edge chips for AI [3] - Federal investment may not improve Intel's fab capabilities in the near term [3] - Intel needs both the technology and the customers to fill those fabs profitably [3] Market & Investor Perspective - Market may experience short-term support on political headlines, with Intel's stock up over 65% [4] - Long-term upside remains limited without a fix to Intel's manufacturing gap [4] - Federal cash doesn't change the fact that Intel needs both the technology and the customers to fill those fabs profitably [3] - Washington's money may boost sentiment, but it won't fix the fundamental problem at Intel [4]