U.S. government takes 10% stake in Intel, as Trump expands control over private sector

https://www.cnbc.com/2025/08/22/intel-goverment-equity-stake.html

111 points · 14 comments · view on lemmy.world

14 Comments

Two_Hangmen@midwest.social · 24 pts · 1y

Trump: We didn't pay anything for the stock.

I'll always continue to be amazed at how stupid he, and the general public that supports him are.

boydster@sh.itjust.works · 21 pts · 1y (1 reply)

Oh yes, let's do the thing where corporate and government interests are merged. The new line of chips can be the Intel Volkschip™: For All of Us*.

*Conditions apply

SGGeorwell@lemmy.world · 3 pts · 1y

And there could also be a gesture to affirm? That would be handy.

Gerudo@lemmy.zip · 18 pts · 1y (1 reply)

Yay, so now the spying will be baked into the cpus themselves.

RangerAndTheCat@lemmy.world · 10 pts · 1y

Always_has_been.jpeg

PodPerson@lemmy.zip · 11 pts · 1y

Remember: he’s looking after his party’s interests of small government and free market.

ExtremeDullard@sopuli.xyz · 3 pts · 1y

It's almost like socialism. In the name of preserving national corporate interests.

A kind of national socialism if you will...

RememberTheApollo_@lemmy.world · 1 pts · 1y (4 replies)

Part of the dictatorship where he starts nationalizing industries?

ExtremeDullard@sopuli.xyz · 2 pts · 1y

This is where the very word Fascism comes from: fasces in latin means bundle - the bundling of state and private sector together. The government and private companies in cahoots is one of the core features of any fascist regime.

Sunflier@lemmy.world · 1 pts · 1y (2 replies)

Are we at the point of guillotines yet?

andre613@lemmy.ca · 2 pts · 1y (1 reply)

Well past... We've reached the wood chipper stage now.

Lodespawn@aussie.zone · 1 pts · 1y

Oh .. wait .. are wood chippers just modern guillotines? It would be a fair bit easier to obtain one when needed .. maybe not super healthy to have an angry mob inhaling the resulting mist though ..

jcb20165@kbin.melroy.org · 1 pts · 1y

Hmm I thought they shipped all there jobs overseas ? I worked for a temp agency for Intel.. came back from the military and the job was gone overseas… like Dam!

ExtremeDullard@sopuli.xyz · 0 pts · 1y

Hmm nationalization... That's so Republican...

If you ever needed proof that MAGA ≠ GOP, this is it. The Republican party has disappeared off the radar.