Article

2025-08-23 Cyber

Trump reveals Intel has agreed to deal for US to take 10 percent equity stake

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Posted by Skidmark 2025-08-23 01:11|| || Front Page|| [151 views ] Top

#1 I don’t understand why this is good.

Posted by Super Hose 2025-08-23 08:57|| 2025-08-23 08:57|| Front Page Top

#2 ^ Keeps the Chinese out.

Posted by Skidmark 2025-08-23 09:51|| 2025-08-23 09:51|| Front Page Top

#3 Taiwan's energy dependence is 'Achilles heel' amid immense threat by China

Posted by Skidmark 2025-08-23 10:30|| 2025-08-23 10:30|| Front Page Top

#4
The US government has signed a deal with Intel to convert $8.9 billion in planned but as yet unpaid grants under the CHIPS act into a 9.9% stake in the company. (Tom's Hardware)

The previously planned grants did not offer the government an ownership stake, but came with technical goals that Intel may not be able to meet in the current climate, making the revised deal a palatable alternative. Intel stock was up 5.5% after the news broke on Friday.

Posted by Frank G 2025-08-23 10:32|| 2025-08-23 10:32|| Front Page Top

#5 Hmmm, the federal government picking sides and buying into private industry. Mussolini would love it.

Posted by DooDahMan 2025-08-23 10:33|| 2025-08-23 10:33|| Front Page Top

#6 Been going on for a while; at least as long as members of Congress have owned company stocks. Interesting to see it out in the open.

Posted by swksvolFF 2025-08-23 12:06|| 2025-08-23 12:06|| Front Page Top

#7 Congressthings are a bit different. Sure, their salaries are from our tax dollars, but to have the USG as an entity buying stock in an individual company is not cool. That means we do not have much of a "free" market (we don't anyway, but...), only government intervention. Not good. Not much different than Obama and Biden dumping billions into failed "green" companies. Somebody made a lot of money, but that's not exactly how/where I want to see my tax dollars go.

Posted by DooDahMan 2025-08-23 12:34|| 2025-08-23 12:34|| Front Page Top

#8 Can't say I disagree; would be nice to see it throttled back at least, if at least to encourage competition and motivation.

Posted by swksvolFF 2025-08-23 13:33|| 2025-08-23 13:33|| Front Page Top

#9 Many of the computers I have owned ran on AMD chips and I never had any problems with them.

Posted by Abu Uluque 2025-08-23 14:42|| 2025-08-23 14:42|| Front Page Top

#10 Seriously? Trump is a fascist?

Super cringe.

Posted by Elmomoter Mussolini9149 2025-08-23 16:52|| 2025-08-23 16:52|| Front Page Top

23:49 Skidmark
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