Securities reasons needs chips made in the USThe Chips Act was just a give away.Why do we give TSMC to come to the USWe want Intel to be successful in AmericaIf the US is going to give you money, we want equity in giving that moneyNo governance, no voting rights in Intel stakeChina sells products year at half the cost, so they put the capitalists out of business.We need to have the infrastructure to help their national security.The investments in America are for economic and national security for the United States.We can build pharmaceuticals and semiconductors in the United States to protect America.
Intel shares are trading up $1.18 or 4.78% in premarket trading at $24.79
This article was written by Greg Michalowski at investinglive.com.