snoozii
10-12

$Intel(INTC)$ Biden/Harris continues to withhold CHIPS Act benefits to Intel despite it being two years after the leading Senators that authored the bill said it was an urgent national security matter then. The best chance Intel has receiving the $20 billion in grants and loans is for Trump to win the election next month. Biden/Harris will not allow Trump to distribute that money and be seen as the hero of American semi manufacturing so they will spend the money before inauguration. And if for some reason Biden/Harris fails to distribute the grants Trump certainly will, while adding other measures to strengthen American manufacturing. Either way, Intel is better off with a Trump victory.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment