$Intel (INTC.US)$ , which hopes to compete against $Taiwan S...

$Intel(INTC.US)$ , which hopes to compete against $Taiwan Semiconductor(TSM.US)$ and $SAMSUNG EL 144(SSNGY.US)$ with a rejuvenated foundry business, has placed itself front-and-center in discussions about the need for funding for semiconductor research and manufacturing in America. Specifically, the x86 giant is waiting for Congress to pass the Creating Helpful Incentives to Produce Semiconductors (CHIPS) for America Act, which would unlock the aforementioned billions in subsidies for American chip factories.