The US Government May Have Just Saved Intel
With one tiny rule the US government may have just saved Intel and it's CEO Gelsinger. I bet he's absolutely over the moon at the 'imposition' (not to mention the free money).
Intel went off the rails because of classic American MBA greedy accounting and mangement. Gelsinger was trying to turn it back into an innovator but the bean counters and investors forced him to double down on the old policies that was destroying Intel, not least off loading its manufacturing. With this rule Gelsinger now has an excuse to turn Intel back into an engineering company. Without it AMD and NVidia were going to eat Intel's lunch and pop the bag (yes I know they're fabless, but Intel needs to be innovative not follow).