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How US Government Stake in Intel Will Affect Tech Race With China
How US Government Stake in Intel Will Affect Tech Race With China
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The federal government’s move to take a 10 percent stake—and become the largest shareholder—in chip company Intel in August raised some eyebrows among investors and observers. California-based Intel, once the leading manufacturer of microchips, has for years struggled to keep up with its competitors in an industry critical to ensuring the United States’ continued technological and military dominance.
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