This chapter explores the challenges faced by Intel in securing government funding under the CHIPS Act amid financial struggles and scrutiny. It contrasts Intel's position with that of competitors like TSMC, emphasizing the implications for the U.S. semiconductor industry's revitalization efforts. The discussion highlights the intricate relationship between Intel, the Biden administration, and the future of domestic chip manufacturing, reflecting on national security and economic stability.
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Steven Blitz, Chief US Economist at TS Lombard, shares his thoughts on the Fed's Beige Book results and his outlook for rate cuts. Bloomberg News US Semiconductor Reporter Ian King and Bloomberg News US Economic and Industrial Policy Reporter Mackenzie Hawkins break down all the latest news in the world of semiconductors. Josh Patterson, CEO of Voltron, discusses using the same chips that power AI for big data operations. And we Drive to the Close with Thomas Raymond, Investment Management Partner at Callan Family Office.
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