Monday, November 25, 2024

Intel Received a Contract from the DOD For Sophisticated Chips and Feds Reduced Grant From $8.5 Billion To $8.0 Billion

 

$8.5 billion  grant to troubled Intel behind in the AI revolution in chips to sell
By the feds to build up domestic chip production and reliance on foreign sites dispel
But a funny thing on the way to disbursement raised its head
Intel obtained a contract to sell chips to the DOD at full speed ahead
And in a rarity the $8.5 billion grant was again reviewed
With the DOD contract it lessened Intel’s need for a grant from the feds to look to
Maybe with Musk and Vivek after January 20 breathing down on fed bureaucrats’ necks
Part of the $8.5 billion grant was better to reject
Reduced by some $500 million proving that it may be possible to spending reduce
Too long too often with lack of accountability with our tax dollars bureaucrats have been spending fast and loose
Having domestic production of domestic high tech complicated chips
Is a matter of national defense that we maintain our IP on chips needed to the economy drive a very strong grip
We can never be in a position to have to on China for critical items to rely
In a crisis like an invasion of Taiwan in a heartbeat those critical items to us China would deny  

© 11/25/2024 Michael P. Ridley aka The Alaskanpoet

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