May 14, 2024
Loans

Intel awarded up to $8.5 billion from CHIPS Act, with loans available

The money will help “leading-edge semiconductors made in the United States” keep “America in the driver’s seat of innovation,” U.S. Secretary of Commerce Gina Raimondo said on a call with reporters. Intel and the White House said their agreement is nonbinding and preliminary and could change. Intel has long been a stalwart of the U.S.

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Investors

Market reaction is wrong, says investor David Roche

Taiwan’s President Tsai Ing-wen speaks as Lai Ching-te, Taiwan’s vice president and the ruling Democratic Progressive Party’s (DPP) presidential candidate looks on during a campaign rally ahead of the elections in Taipei, Taiwan, January 11, 2024.  Carlos Garcia Rawlins | Reuters China sees the DPP as a threat to its ultimate aim of “reunification” with

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