The operation is in trouble, delisted by the Dow, $Intel (INTC.US)$the trouble is far from over, Washington's concerns are growing day by day.

According to media reports on Tuesday, sources revealed that the United States Congressional Hill's concern about intel's operating conditions is increasingly serious. Lawmakers have been secretly discussing how to further assist intel, which has already received tens of billions of dollars in assistance from the (Biden) administration.

Intel's strong quarterly earnings, the latest release, have earned it breathing room, but if intel's financial situation continues to deteriorate, Washington's concerns will become a potential contingency.

Insiders said that top officials overseeing the chip bill-related funding operations at the U.S. Department of Commerce and lawmakers such as Mark Warner, who led the Senate legislation, have discussed whether intel needs more help. This discussion is preventive in nature, indicating intel's strategic importance cannot be ignored, and it cannot be allowed to fall into serious trouble. The United States is looking for a leading semiconductor company to ensure its own supply chain.

Insiders further stated that one option is for the private sector to take the lead, possibly with government support, to merge intel's chip design business with competitors such as AMD or Marvell. Nevertheless, the U.S. government is not very interested in a bailout plan like the one in 2008, where they directly invested in auto manufacturers and banks, as policymakers are concerned that intel's continued decline in sales could lead to losses.

As intel continues to struggle, its stock price continues to decline, dropping nearly 3% on Monday and cumulatively down 53% this year.

Editor/ping