Intel has encountered significant challenges following its ambitious expansion plan, leading to declining revenue from its factories and widening losses. The company, a major player in the U.S. semiconductor manufacturing sector, secured nearly $20 billion in funding from the CHIPS and Science Act last month, highlighting its critical role in domestic technology infrastructure. However, Intel's recent financial disclosures reveal a $7 billion loss in its foundry business for 2023, with specific segments like Data Center/AI experiencing declines. This situation has prompted a reassessment of its financial targets, now pushing the goal of achieving 60% Gross Profit Margin (GPM) and 40% EBIT margin to 2030. The company's stock has suffered as a result, with a notable 7% drop after a sales miss. These developments have sparked debate over the efficacy of government subsidies in bolstering the semiconductor industry, with Intel's struggles serving as a focal point for discussions on industrial policy.