Pentagon Pulls Out of Plan to Spend $2.5 Billion on Intel Grant
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- čas přidán 12. 03. 2024
- The Pentagon pulled out of a plan to spend as much as $2.5 billion on a chip grant to Intel Corp., people familiar with the situation said. Mackenzie Hawkins and Ian King have more.
For more on this story, please see: www.bloomberg.com/news/articl...
Most people don’t even know Intel was getting a $2.5B grant to begin with lol
true dat
True, most people thought they supposed to get 10billion
Facts lol
Who built a time-machine to pull this babe out of 1995?
ROFL
Dahmer wants his glasses back
Most people don’t even know Intel was getting a $2.5B grant to begin with...
Hence it is hard to understand why was this deal scrapped!
So what is happening. Cut out intel oldest American chips and hand it to Chinese arm chip?
All the talk of AI and technology of the future, but then no one watches these videos? Funny how most people in the tech sector are still from the 90s
Goddamnit, literally right after i bought intel stock.
U.S. Corporations are no longer looking out for the USA; They are pretty much only looking out for themselves and that applies also for the military-industrial complex.
I wouldn’t be surprised if we start hearing about DOD grants being awarded to Nvidia more and more moving forward.
It’s not a crazy thought for them to have that the future of American Chip development might be better off in Nvidia’s hands than Intel’s. They *do* know more than the average bear about Intel, after all.
How in the world did i miss this info? Just heard about it!
Inept industrial policy does not enhance national security.
I should get most of it. The money would be better spent starting a sovereign wealth fund. I should get all of it. Literally.
They might not have the money 💰.
They’re using it for Ukraine.
@@bigpicturethinking5620 like I said, they don't have the money 🤑💰 LoL.
Interesting $NVDA is nary mentioned at all as queuing up at the government teat: That should tell you all you need to know.
Politicians and US billionaires should invest more in Americans
Yes, so we can blow all the funding and default for the taxpayers to pay lol
DEI quota’s in the bill are killing any chance of even getting construction started.
I don't listen to bring the money show the money
It’s funny when these guys get on TV and talk about technology and act like there is no national security component. The only reason we have these technologies is because of the national security component. Trillions of dollars don’t get spent on this R&D to make cool video games.
Trillions of dollars have been spent on video games developing the technology for this r&d.
Who you think beta tested the controllers used to fly weaponized drones?
Nvidia is literally a graphics card manufacturer lol.
Ahhh funny eh?
Largest company in the world just off making games render faster.
@@PrometheusBound wow you are an idiot.
The govt should be making their own then. No need to give handouts to billion dollar companies right?
@@prolific1518 The US government utilizes taxpayer dollars to fund research. Once they have something they believe is useful they partner with private companies to mass produce the tech. Even the Dutch company, ASML, used photolithography technology developed by US Army laboratories that US companies didn’t want at the time.
@@chillxxx241 US govt gives handouts to companies then complains when China does the same thing. It's a fraud system
the grant was never priced into intc anyway
yes it was
Lmao are you dumb
Intel went full DEI and ESG and the results are clear for all to see
Phew sold my Intel stock two days ago and bought Palantir PLTR.
A better buy AMAT, KLAC, TSM, ON
@@PascalH9191 I currently hold NVIDIA, AMD, AMZN, JPM, MSFT, PLTR, QCOM, SMCI, and TSM. My 6 month growth is 37%. Triple the S&P 500.
@@PascalH9191 During that same period, I’ve bought and sold AAPL, VISA, TSLA and INTC
Arm?@@PascalH9191
These should be loans so the taxpayer is paid back with interest.
Yeah it shouldn't matter that all of the most advanced chips are made in Taiwan.
When USA companies don't lose to companies in China, that impacts our wallets as USA citizens.
That’s why Uk is truly uk, pm and uncles already offered Id cards directly. It’s not united.
I ask you, why uk degree educated not uk or united?
The problem in the US is that politicians have money, but subsidies are too small. Invest in Americans, not in other countries.
INTEL is going to Israel???????
They already had since a long time ago
At this point, I hope Elon Musk buys Intel. 👍
Good. Don't give dawgshyte companies free handouts
Oops
😂😂😂
😂
Is this the plan to scrap that encode decode program? Intel was lacking behind and power usage was up, and plus the node of lacking behind stuck on really 10nm rn. It was conservatively estimated as 10billion project. Better based on a arm architecture and change it completely. AMD really should have it, lower power draw and boost there software capability.
At least that’s my take on intel just seing them perform in the last decade. And there foundry, even if it will be great if they achieve 18a as they say.
Do they manufacture anything in the U.S.? Do they want to ? How woud they qualify for these grants?
DEI
Triggered😂
They gave it to Ukraine, sorry Intel
No, the money WAS priced into INTC because it was dead in the water at $20 for a long time before these news lifted INTC up to $40. But even US realized INTC chips are so far behind NVDA and ARM and AMD's chips that it's not worth investing it in INTC when the competitors chips are so much more powerful and versatile compared to INTC's lumbering chip architecture.
Intel got Arm license and 8 silicon machines
Even the gov knows SHITEL can't deliver