Intel has ruled the market for central processing units since the 1980s.
But rival AMD overtook Intel in market value last year, thanks in part to an expensive bet on chip design.
Intel is the leading candidate to potentially receive billions of dollars in government funding for secure facilities producing microchips for U.S. military and intelligence applications.
The facilities—which have yet to be disclosed publicly—would be explicitly designated as a “secure enclave,” according to people familiar with the development.
The goal is to reduce the U.S. military’s dependence on chips imported from East Asia, particularly Taiwan, which some say is vulnerable to Chinese invasion.
Persons:
WSJ’s Asa Fitch
Organizations:
Intel, AMD
Locations:
”, East Asia, Taiwan