CEO of Intel Pat GelsingerThe Washington Post/The Washington Post via Getty ImagesDonald Trump's big election win has big implications for Intel.Trump's policies favor domestic US manufacturing.He's also expressed opposition to the CHIPS Act, which Intel is counting on.Donald Trump's decisive election win has major implications for America's ailing chip giant Intel.Once the world's leading chipmaker, Intel is now losing billions of dollars while frantically cutting costs and searching for a new path forward.
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ecosgrove@businessinsider.com (Emma Cosgrove), Business Insider
Wed, 11/06/2024 - 4:02pm
Topics: pat gelsingerthe washington post/the washington post getty imagesdonald trump donald trump america august trump-inspired trump administration chips actit ceo pat gelsinger bloomberg tv chips act the commerce department joe rogan ben thompson tsmc taiwan-based china business insider intel gelsinger trump chips chips act science act us bi biden taiwan company tariffs told manufacturing semiconductor election win potential spokesperson components wrote companies coming country world chipmaker giant leading implications problem boost tech strategy level materials good vocal wednesday
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