U.S. Investment in Intel: A Strategic Shift

This chapter explores the U.S. government's acquisition of a 9.9% equity stake in Intel, signaling a shift in industrial policy that raises questions about free market principles. It examines Intel's decline in the chip manufacturing arena amidst fierce competition and highlights strategic changes within the company, particularly regarding manufacturing investments. The implications of this investment on U.S. semiconductor independence and geopolitical dynamics in East Asia are also discussed.