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Comment by etempleton

17 hours ago

There werestrings attached to the CHIPs act money. Not saying this is some great deal. It isn't. It is a deal made from a place of necessity and weakness for Intel, but it gives them the cash infusion they need in the short term. Right now Intel's only goal is to have enough money to get 14a off the ground and attract at least one large external customer to prove their capabilities.