Look at what was just passed months ago, the Chips Act, now ask why companies like Intel get to keep the billions they were given.
Two article may shed some light.
https://www.washingtonexaminer.com/policy/technology/intel-l...
Two article may shed some light.
https://www.washingtonexaminer.com/policy/technology/intel-l...
Intel wasn’t given billions. It got capital expenditure incentives. It makes sense to lay off in one group while you focus on a less labor-intensive one.