Comment on Intel matters to US chipmaking. Its tangled relationship with China makes things complicated.

Intel matters to US chipmaking. Its tangled relationship with China makes things complicated.

Intel CEO Pat Gelsinger has talked about China's importance.picture alliance/Getty ImagesThe US is ready to push Intel as a national champion in chips.The chipmaker has been struggling, reportedly causing Qualcomm to approach Intel for takeover talks.Analysts say a weaker Intel would likely be positive for China, but their history is complicated.America's future success in chipmaking has a lot riding on Intel.With more than half a century of history in the US chip industry, Intel commands a huge sense of national pride in Washington — one that US officials would like to maintain well into the future as the country seeks to reinvigorate domestic chip manufacturing.President Joe Biden made that point when he visited Intel's Arizona campus in March and announced that the company would receive $8.5 billion in funding from the CHIPS Act.

 

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