(NASDAQ: INTC) stock slipped again Wednesday. The chip company's share price closed out the daily trading session down 3.3%.
Bloomberg published a report today indicating that there are now doubts as to whether Intel will receive the roughly $19.5 billion in financing it had been expected to receive through the U.S. CHIPS and Science Act. Adding another bearish catalyst, Reuters reported that Intel's manufacturing of chips for Broadcom had not been successful.
Source Fool.com