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.
Exactly, the main advantage of bleeding edge chips is that they work well for consumer mobile devices like phones, tablets, and laptops. For vast majority of other uses, it’s complete overkill. Like you don’t need a 2nm chip for your fridge or your coffee maker.