December 23, 2024
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manufacturing

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The CHIPS Act: A Year Later, Still Shaping America’s Tech Future

Capitalist Money07 mins

The CHIPS and Science Act, signed into law in August 2022, has become a cornerstone of the current administration’s industrial strategy. More than just a piece of legislation, it represents a significant shift in America’s approach to technological innovation and economic competitiveness, aiming to revitalize domestic manufacturing, bolster supply chains, and secure a leading role…

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Scout Motors Blazes a Trail Back to the Future With New Electric SUV and Truck

Capitalist Money04 mins

The automotive industry is buzzing with nostalgia as Scout Motors, a Volkswagen-backed venture, unveils its ambitious plans for a new generation of electric SUVs and trucks. Harkening back to the rugged legacy of the original International Harvester Scout, the company is generating significant buzz with promises of off-road capability, eco-conscious powertrains, and a quintessentially American…

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Intel Stock Surges on Foundry Deal with Amazon and Restructuring Plans

Capitalist Money06 mins

Intel’s stock saw a significant boost in after-hours trading on Tuesday, September 17th, 2024, following a series of announcements that signal a potential turnaround for the chipmaking giant. The company revealed it has secured Amazon Web Services (AWS) as a customer for its foundry business, alongside unveiling a restructuring plan aimed at improving efficiency and…

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