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No Top in Sight, Chinese Stocks Explode, Nick Colas and Jessica Rabe on the Fed Cut

The Compound and Friends

NOTE

American Chipmaking: Hope or Illusion?

Qualcomm's interest in acquiring Intel raises concerns about the future of American chip manufacturing. The U.S. government views Intel as essential for domestic chip fabrication, yet Intel's ongoing projects have raised skepticism about their execution and effectiveness. Despite various announcements regarding new facilities, including in Ohio, many plans seem to falter, leading to perceptions of Intel as overly reliant on taxpayer support without yielding tangible benefits. As the market struggles, questioning whether Qualcomm could revitalize Intel suggests a potential shift in the landscape of U.S. semiconductor production.

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