Intel hiked lobbying spending by 65 percent amid chip subsidies push ...Middle East

Intel Corp. spent record sums on lobbying in the second quarter as it pushed lawmakers to pass legislation that would provide the chipmaker with billions of dollars in new subsidies.    The lobbying blitz comes as Congress prepares to pass a slimmed-down bill to boost U.S. competitiveness with China by spurring domestic semiconductor manufacturing. The bill would give $54 billion to chipmakers — with Intel being a top beneficiary — to build semiconductor facilities in the U.S. Intel spent nearly $1.8 million to lobby Congress and the White House from April through June, according to a disclosure filed Wednesday. That’s an increase of 65 percent compared to the same period last year

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