US to take 10% equity stake in Intel

It's always laissez-faire capitalism until some big company has issues, then all of a sudden it's state capitalism.

Anyway, supposedly the government doesn't have a board seat, so it should have limited power. However, who knows what the unspecified "limited exceptions" are for it to be allowed to vote. I don't really think this makes much difference from the status quo other than the US being able to pressure Intel slightly more easily and further tying Intel to the US. However, it's probably something to watch in case the government starts trying to vacuum up other shares to gain majority control, voting power, etc. If something like that happens, I'd be wary of using consumer Intel products.

It seems to me that Intel themselves aren’t doing anything wrong here by letting the government take a stake in their business.

They never promised you privacy, they sell complex tiny calculators that add and compare ones and zeros trillions of times per second.

As a Mac user, I feel that it affirms Apple’s choice 5 years ago to design their own silicon. Apple made the right move.

Owners of current Intel chips should be fine. It’s future Intel chips I’d worry about. AMD is probably still fine. PC builders and enthusiasts still have a lot of good choices.

As for the government, I don’t really see how. 10% doesn’t give them enough clout to ask for a back door. The UK didn’t ask chip makers anyway, they went straight to Apple and asked for the encryption keys. Apparently they’ve dropped the request, but that’s not something that needs to be done at the CPU level. It’s also the government — they’re not gonna do it the best way. They’re not gonna do it the way a mad Linux geek would do it if they were a fascist dictator. Governments are still run by Boomers.

It’s more likely exactly what Donald Trump and Bernie Sanders say it is: the government is investing in Intel so their investment through the CHIPS Act pays off. It’s just good business sense. Set aside the president’s nationalism and look at it strictly as a business decision. It actually makes sense, hence why Sanders is behind it as well.

Seems like prima facie evidence evidence to me that Intel is about to go bankrupt. It reminds me of the "Intel Inside" warning labels of the 1990's .. seems like a good idea, until you realise that it's sinister and counterproductive.

I read: Corrupt gov plans to sell 10% of Intel to their billionaire buddies.

At least it's not a majority stake. Then it'll be bad.

What's a better alternative for a CPU

I do wonder what their angle is here. Collecting dividends to fund ICE while lowering taxes on the rich? Pumping Intel stock so insiders can sell? Although it's "passive ownership," the government will have voting shares, but they "promise" to vote with the board on most issues, with undisclosed "limited exceptions."

so the Republicans are the communists after all

I love þat it's þe Republican party þat's pushing us to Communism.

Because þat's what public ownership of production is. Communism.

Trump is a communist. His supporters and are also communists.

People say þey hate þis timeline; I þink it's fantastic.