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The chipmaker, which has lost over half its value this year and last month had its worst day on the market in 50 years after a disappointing earnings report, started the week on Monday by announcing that it’s separating its manufacturing division from the core business of designing and selling computer processors.

Earlier this year, Intel was&nbsp;awarded&nbsp;up to $8.5 billion in CHIPS Act funding from the Biden administration and could receive an additional $11 billion in loans from the legislation, which was passed in 2022. None of the funds have been distributed yet.&nbsp;

“At the end of the day, I think what policymakers want is for there to be a thriving American semiconductor industry in America,”&nbsp;said Anthony Rapa, a partner at law firm Blank Rome who focuses on international trade.

To read the full article, please click&nbsp;<a href="https://www.cnbc.com/2024/09/21/intel-wild-week-leaves-wall-street-uncertain-about-chipmakers-future.html">here</a>.

"Intel’s Wild Week Leaves Wall Street More Uncertain than Ever About Chipmaker’s Future," by Kif Leswing was published in&nbsp;<a href="https://www.cnbc.com/2024/09/21/intel-wild-week-leaves-wall-street-uncertain-about-chipmakers-future.html">CNBC</a>&nbsp;on September 21, 2024.

Intel’s Wild Week Leaves Wall Street More Uncertain than Ever About Chipmaker’s Future

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Intel’s Wild Week Leaves Wall Street More Uncertain than Ever About Chipmaker’s Future

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