Intel is a major part of the New Mexico economy, especially in Rio Rancho. The government has thrown billions of dollars at Intel. Both the DEMS and GOP kick the budget deficit down the road…….What is the national deficit?
I want to share the following reports with you…First from SEMAFOR:
The Scoop
Policymakers in Washington have grown worried enough about chipmaker Intel to begin quietly discussing scenarios should it need further assistance, beyond the billions in government funds the company is already slated to receive, people familiar with the matter said.
A strong quarterly earnings outlook yesterday bought the company breathing room with investors, but abstract concerns in Washington have turned into potential backup options, should Intel’s finances continue to deteriorate. More Here
