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Intel boss presses Congress for manufacturing subsidies
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WebNov 19, 2024 · The US share of manufacturing dropped from 28% in 2002 to a low point of 16.5% in 2011. By 2016, US manufacturing’s share of world output was recovering from its decline during the Great Recession, reaching a 7 year high of 18%. Exact financial estimates vary depending on if the results are calculated by GDP or Purchasing Power … WebMar 24, 2024 · Thu 24 Mar 2024 // 00:58 UTC. Intel CEO Pat Gelsinger on Wednesday urged US Congress yet again to pass $52 billion in funding swiftly to boost America's semiconductor industry – and said Wall Street's negative response to his costly manufacturing expansion plan is proof Intel is worthy of the subsidies. Gelsinger made … WebNov 13, 2024 · After combining demand projections with an analysis of specific industry trends and historic performance, the McKinsey Global Institute finds that the United … organ of sense