02-11-2024, 10:43 PM
Intel damn suay. They invested heavily in China. Only recently, put in another 300 million in Chengdu factory. Now the US administration doesn't trust to give them any money from the Chip Fund until lately. Likely many consumers distance themselves from them to avoid political backlash. On the other hand, China exercised anti-trust and blocked their deal to buy Tower Semiconductor, causing them to lose USD 350 million in cancellation fees to the Israeli owner for nothing. Quite sure, the Chinese customers also boycotted them. How not to lose money?
https://gfmag.com/economics-policy-regul...-intel-no/
https://gfmag.com/economics-policy-regul...-intel-no/
Omi.. Thank you for bumping up the message.