Sanders Blasts 'Rigged Economy' as Chipmakers Cut Investments After Big Handout

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Sanders Blasts 'Rigged Economy' as Chipmakers Cut Investments After Big Handout
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'Intel announced it will be cutting back on plans to increase jobs by $4 billion while increasing dividends for its wealthy shareholders,' said SenSanders.

"Intel announced it will be cutting back on plans to increase jobs by $4 billion while increasing dividends for its wealthy shareholders," the Vermont senator wrote on Twitter.News that the U.S. semiconductor giants Intel and Micron are slashing manufacturing investments despite the recent passage of a major subsidies bill drew the ire of Sen. Bernie Sanders, the Senate's most"This is what a rigged economy looks like," Sanders said Wednesday.

"We paid dividends of $1.5 billion, a 5% increase year-over-year, and remain committed to growing the dividend over time," David Zinsner, Intel's chief financial officer,

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