U.S. government's shift of focus from chip funding has landed the chipmakers in a soup, CNBC reports. The dillydally will serve as a dealbreaker for Intel Corp $Intel(INTC)$ and Taiwan Semiconductor Manufacturing Company Ltd $Taiwan Semiconductor Manufacturing(TSM)$ . The chipmakers explored or were amid building plants in the U.S., spurred partly by the promise of government incentives worth $52 billion to beat the chip crisis and reduce its dependence on the international chipmakers. The pandemic played a significant role in vandalizing the semiconductor supply chain. The crisis got further aggravated as chipmakers focused on smartphones, PCs, and laptops as the wo

The majority of analysts on Wall Street recommend positive ratings for PayPal Holdings Inc. $PayPal(PYPL)$ and Peloton Interactive Inc.  $Peloton Interactive, Inc.(PTON)$ . That is surprising given these two stocks haven't performed well over the past 52 weeks ending July 14. With positive recommendations despite share prices tumbling more than 59%, these two companies have earned the status of "falling knives."Typically, investors are interested in falling knives because they hope to earn significant returns after an expected stock price rebound. However, investors must be cautious with falling knives as these kinds of holdings carry a remarkable level of risk. The sharp drop in the stock's price could be

$Intel(INTC)$ BullishU.S. chipmaker Intel has filed a claim for 593 million euros ($624 million) in interest from the European Commission, five months after it convinced Europe's second-top court to scrap a 1.06-billion-euro EU antitrust fine, an EU filing showed.Europe's top court paved the way for such damage demands last year in a landmark ruling which ordered the EU executive to pay default interest on reimbursed fines in annulled antitrust cases.Judges said late payment of interest will itself incur interest as well.Intel in its application to the Luxembourg-based General Court said the Commission, which acts as the competition watchdog in the 27-country European Union, had refused to reimburse the company the default interest.The Commission ret