U.S. Commerce Official Says Intel Not 'Too Strategic to Fail'

A Commerce Department representative stated that while Intel received government support to enhance its prospects, it is not considered indispensable to national strategy.

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Terms & Concepts
  • Commerce Department: A U.S. government agency responsible for promoting economic growth, trade, and technological advancement.
  • Intel: A U.S.-based multinational corporation specializing in semiconductor manufacturing and computer processor design.