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this post was submitted on 06 Aug 2025
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Naw. This is not what was happening at all. This is a ploy to try and nationalize a chip producer, as China has. AMD and Nvidia will never work, and Intel is low hanging fruit.
Intel "leadership" destroyed the company with endless share buybacks and it now relies on capital infusion from the US government.
It should be nationalized.
Unless you've been reading different news, they aren't receiving abnormal amounts of funds from the government. There was the CHIPS act, which has unfortunately been defunded.
What are you speaking about specifically?
This made me chuckle. I didn't realize chips money was completely removed...
Intel can't fail, government will bail them put and when they do, it should be nationalized
Well then, proof required.
https://techcrunch.com/2025/01/30/intel-has-already-received-2-2b-in-federal-grants-for-chip-production/
They got 300m form ohio too...
So your statement above is wrong?
Opening paragraphs exactly what I said.
Sure buddy... That's 2.5 billion Intel took in state aid without any equity being issued to the taxpayers.
That's Trump's idiotic doing, not the company.
That's what biden gave Intel... Trump took the remain 5b.
You don't know what you are talking about. You made several factually incorrect statements within this thread.
You are talking out of your ass. Take the L, got read up om the issue.
Happens to the best of us