From Nikkei Asia · · 40s
Intel CEO: Government Support Needed for Chips
Intel's CEO says strong government backing is crucial for its contract chip business.
In brief
Intel's CEO says strong government backing is crucial for its contract chip business. Intel's CEO states U.S. government support is essential for growing its contract chip business. Originally reported by Nikkei Asia.
Intel CEO
Intel's chief executive says strong government support is needed for its contract chip business.
“U.S. President Donald Trump's administration does not have 'any policy' to use a minority stake in Intel to interfere in its business strategy”
White House backing
The White House says it will not interfere with Intel's business strategy but supports growth in contract chipmaking.
“U.S. President Donald Trump's administration does not have 'any policy' to use a minority stake in Intel to interfere in its business strategy”
Intel's strategy
Intel has received equity stakes from the U.S. government, SoftBank Group, and Nvidia to support its recovery.
The essence
Intel's CEO states U.S. government support is essential for growing its contract chip business.
