Intel Shores Up $3.5 Billion Deal to Make Chips for Military

    https://www.bloomberg.com/news/articles/2024-09-13/intel-solidifies-3-5-billion-deal-to-make-chips-for-us-military

    Posted by plebbit0rz

    35 Comments

    1. Could this be the milestone needed to release the CHIPS Act funding? Board meeting results this weekend or next week. Explains all the UOA from the last few days.

    2. tittiesandtacoss on

      Makes sense most of these chips are pretty dumb and currently we buy them from china. Intel pivoting to making dumb chips in the US instead of trying to compete with TSM actually makes alot of sense.

    3. foo-bar-nlogn-100 on

      Waitin for the 2027 Leaps to come out next week to buy some.

      All the recent negative news makes me believes its a PR campaign to tank the SP by Hedge funds.

    4. PhilosopherDue5985 on

      When yall buy Intel at $70 in a few years , can say whatever most people said about Microsoft , Apple , Tesla, Amazon … when they were all “dead companies”

    5. fairlyaveragetrader on

      This is a good deal, all jokes aside, military contracts have to come from American companies.

      That said, someone get Grandma an M16 ☠️

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