The Biden-Harris administration’s big bet on Intel Corp. to lead a US chipmaking renaissance is in grave trouble as a result of the company’s mounting financial struggles, creating a potentially damaging setback for the country’s most ambitious industrial policy in decades.
Bingo. You don’t need a 4.7 GHz 8 core consumer CPU to power a car and its associated data mining utilities, you need like forty microcontrollers and one smart lightbulb worth of wifi capacity.