Intel is in the precarious position of being the largest surviving American owned semiconductor manufacturer, with the competition either existing abroad (TSMC, Samsung, ASML) or as a partner/subsidiary of a foreign national firm (NVidia simply procures its chips from TSMC, GlobalFoundries was bought up by the UAE sovereign wealth fund, etc).
Consequently, whenever the US dumps a giant bucket of money into the domestic semiconductor industry, Intel is there to clean up whether or not their technology actually works.
Intel is in the precarious position of being the largest surviving American owned semiconductor manufacturer, with the competition either existing abroad (TSMC, Samsung, ASML) or as a partner/subsidiary of a foreign national firm (NVidia simply procures its chips from TSMC, GlobalFoundries was bought up by the UAE sovereign wealth fund, etc).
Consequently, whenever the US dumps a giant bucket of money into the domestic semiconductor industry, Intel is there to clean up whether or not their technology actually works.