Bloomberg Surveillance TV: September 18, 2024
Bloomberg Surveillance
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Intel's Strategic Shifts Amid Challenges
This chapter explores Intel's recent struggles with earnings and stock declines, leading to layoffs and budget cuts, while also addressing new government support and a partnership with Amazon Web Services aimed at bolstering semiconductor production for AI. Additionally, it discusses the national security implications of the proposed takeover of U.S. Steel by Nippon Steel and the political sensitivities tied to this issue.
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