A look at chipmakers' race to capitalize on a wave of subsidies, as the US and other western countries reassess their industrial policies to slow China's rise
U.S. semiconductor maker's appeal for subsidies plays on national security fears during chip shortage; ‘Never let a good crisis go to waste’ Tweets: @live_news_nick , @bobdavis187 , @jordannovet , and @aspi_icpc Tweets: Nick / @live_news_nick : WSJ: Intel Corp.'s chief executive and other board members met with Biden admin officials last month and held a rooftop reception near the White House to push a multibillion-dollar chip-investment plan, according to people familiar with the event. $INTC https://www.wsj.com/... Bob Davis / @bobdavis187 : The US offer of $52B for chip companies to build here intensified a global subsidy competition. Some of the world's richest companies are lobbying for the cash, especially Intel, which wants to catch TSMC in the global tech race. With @asafitch https://www.wsj.com/... Jordan Novet / @jordannovet : ‘To get back on top, Mr. Gelsinger is elbowing to be the first in line for U.S. government grants of as much as $3 billion per factory project—potentially more with a presidential signoff—from a program making its way through Congress.’ https://www.wsj.com/... @aspi_icpc : 1️⃣ For Intel, the money could fast-track Mr. Gelsinger's plan to get the tech company back to the top after ‘missteps in making its newest semiconductors’ | Read the full @WSJ piece ⬇ https://www.wsj.com/...