Intel runs out of time and money, stock price crashing, announces layoffs of 15,000

US CHIPS Act not working update video: Intel runs out of time and money, stock price crashing, announces layoffs of 15,000 in US to invest more on China especially AI 美國晶片法案不起作用更新影片：英特爾時間和金錢耗盡，股價暴跌，宣佈在美裁員15,000人，加大對中國尤其是人工智慧的投資

https://www.asiafinancial.com/japan-not-planning-to-widen-china-chip-curbs-despite-us-push
https://techcrunch.com/2024/08/01/intel-to-lay-off-15000-employees/
https://www.nytimes.com/2024/06/21/us/politics/us-china-technology-investments-janet-yellen.html
https://www.entrepreneur.com/business-news/intel-ceo-says-layoffs-will-affect-15000-tough-day/477963
https://www.kgw.com/article/money/business/intel-lay-offs-15-workforce-cuts-revenue-downturn-oregon/283-7af7c676-85e8-4efd-8fa3-b391ba2a40d2
https://www.statista.com/chart/25990/consumer-markets-growth/
https://cset.georgetown.edu/article/the-global-distribution-of-stem-graduates-which-countries-lead-the-way/
https://www.bloomberg.com/news/articles/2024-07-17/asml-s-surging-china-sales-underscore-us-threat-of-tighter-curbs

當英特爾和其他美國晶片製造商根據《晶片法案》要求獲得數十億美元的獎勵時，他們正在悄悄建立獨立的風險投資部門，向數百家中國新創公司投資數十億美元。 這些合作夥伴關係涉及最前沿的領域，包括人工智慧、半導體、邊緣運算、虛擬實境和電動車。

更重要的是，英特爾創投部門的投資是與中國地方政府合作的。

美國財政部正在緊急發布新的法規和指南，禁止美國公司從事這些行為，同時也在努力說服友好國家的公司放棄在迄今為止全球最大的中國市場上數十億美元的銷售額和利潤.

As Intel and other US chipmakers were claiming billions of dollars in incentives under the CHIPS Act, they were quietly building separate Venture Capital arms to invest billions of dollars into hundreds of Chinese startups. These partnerships were in the most cutting-edge fields, including Artificial Intelligence, Semiconductors, Edge Computing, Virtual Reality, and Electric Vehicles.

What's more, investments by Intel's VC arms were in partnership with local Chinese governments.

The US Treasury department is urgently issuing new regulations and guidance to ban US companies from these practices, while also struggling to convince companies in friendly countries to forego billions of dollars in sales and profits in the China market, by far the world's largest.