Warning bells are sounding for the U.S. semiconductor industry as Intel grapples with internal and competitive challenges that could imperil the future of domestic chipmaking.
Why it matters: Chips are some of the only strategic tech products that are actually manufactured in the U.S., accounting for a quarter-million U.S. jobs. They’re also a small but key piece in the power struggle between the U.S. and China.
Driving the news: Intel is weighing whether to outsource some manufacturing after struggling mightily to get its next-generation chip production up and running.