Intel's ongoing problems in the semiconductor market threaten to undermine the success of Biden's Chips and Science Act, which aims to strengthen domestic chip production in the USA. The former industry leader has come under significant pressure in recent years due to strong competition and China's chip offensive.

After Apple's Departure, Which Switched its MacBooks from Intel Processors to its Own Chips Based on ARM Architecture, Intel Had to Endure Numerous Setbacks Recently. The New Apple Chips Offer Significantly Longer Battery Life and Higher Speeds, Which Further Weakened Intel's Position in the Market.

Another blow came in the summer when Microsoft launched its new Copilot+PC category.

Here is the translated heading in English:

"Added to this is China's aggressive chip strategy, which is influencing the entire semiconductor market and further weakening Intel's position. Speculations about a possible takeover of Intel by QUALCOMM recently created additional uncertainty. According to the Wall Street Journal, QUALCOMM approached Intel to explore a takeover, which caused a stir in the industry.

Intel's financial situation is strained. The conglomerate has recently postponed the construction of a planned chip factory in Magdeburg by two years. At the same time, Intel's foundry division is incurring losses. Industry experts are already speculating that Intel might divest its production capacities to focus on chip design and software, like competitors NVIDIA and AMD.

However, this move could have far-reaching consequences for Biden's Chips and Science Act. Intel is the biggest beneficiary of the program, which aims to increase U.S. semiconductor production to 20 percent of the global market by 2030. Intel's problems could jeopardize this goal and further increase the U.S.'s dependence on foreign chip suppliers, particularly from China.

The translation of the heading is:
"The US Department of Defense, which is increasingly relying on domestic suppliers, could also be affected by Intel's difficulties. The company is the sole recipient of a $3.5 billion program for the production of advanced semiconductors for military and intelligence applications.

The difficulties are also reflected in the stock price: Since the beginning of the year, Intel's stock has lost almost 55 percent of its value. On Tuesday, it fell by 3.28 percent to $22.69, and on Wednesday, the stock in NASDAQ trading dropped another 1.32 percent to $22.39.