Trump Says Intel Will Give 10% Stake To U.S., Becoming Third-Largest Shareholder

[IM2]

This is a bailout Intel's been struggling for years now.. huge loss of market share
amd chipping away for years

the Koreans and Taiwanese control the mobile chip market Intel is no match when it comes to mobile

No this is not a bailout.

 

[IM2]

Yeah. Not really a nickel's worth of meaningful difference between the red blips and the blue blips in that regard.

Incorrect.

 

[scruffy]

For strategic reasons Trump doesn't want the U.S. to be entirely reliant on foreign chip manufacturers.

Can't say I like this.

A bailout, or an investment, does nothing to change Intel's business condition.

Their basic problem is they make too many varieties of chips. Chip fab is a very expensive business requiring highly skilled and highly specialized engineers. The cost of making a new chip is enormous. Intel has dozens of versions of i7 and Celeron and other things used in PC's, and they have competition in the form of AMD and others.

If Intel is losing money, then an investment becomes little more than an "ongoing bailout". And in that case we can fully expect the business to be subsumed into government needs.

 

[Dont Taz Me Bro]

 

[Oddball]

This is a bailout Intel's been struggling for years now.. huge loss of market share
amd chipping away for years

the Koreans and Taiwanese control the mobile chip market Intel is no match when it comes to mobile

Doesn't matter...This is mercantilist crony corporatism, plain and simple.

 

[berg80]

Anyway, the merge of corporation and state is defined as fascism.

Bingo.

 

[0311]

This is dipping your foot into the sea of socialism. This administration brags about corporate welfare, cronyism, and corruption. They are the enemies of liberty and prosperity.

President Donald Trump on Friday said Intel agreed to give the U.S. a 10% stake in the company, making the U.S. the beleaguered chipmaker’s third-largest shareholder in one of the largest government interventions in an American company in more than a decade.

U.S. Takes 10% Stake In Intel, Trump Says

The beleaguered chipmaker has been “left behind” its competitors, Trump said.

www.forbes.com

Where is loud cry from MAGA ?"Socialist", this is very thing they hate the very idea a government controlled business.

 

[FoghornLeghorn]

Should government not protect any American companies for strategic purposes?

 

[Blaster]

This is dipping your foot into the sea of socialism. This administration brags about corporate welfare, cronyism, and corruption. They are the enemies of liberty and prosperity.

President Donald Trump on Friday said Intel agreed to give the U.S. a 10% stake in the company, making the U.S. the beleaguered chipmaker’s third-largest shareholder in one of the largest government interventions in an American company in more than a decade.

U.S. Takes 10% Stake In Intel, Trump Says

The beleaguered chipmaker has been “left behind” its competitors, Trump said.

www.forbes.com

This is another win for Trump.

 

[Clipper]

Fascism is a leftist ideology and he's not wrong.

What Trump is engaged in is called Crony Capitalism, halfwit. Want to be successful in business? Grease the palm of the Dear Leader.

 

[Oddball]

What Trump is engaged in is called Crony Capitalism, halfwit. Want to be successful in business? Grease the palm of the Dear Leader.

I already said that in so many words, jackass...Also said I'm against what he's doing.

So GFY with a cactus.

 

[Clipper]

I already said that in so many words, jackass...Also said I'm against what he's doing.

So GFY with a cactus.

I'll do that when you get the stink of Trump's ass off your face. Which is never.

 

[Oddball]

I'll do that when you get the stink of Trump's ass off your face. Which is never.

Didn't vote for him, asshole.

 

[Dont Taz Me Bro]

This is another win for Trump.

 

[FoghornLeghorn]

Didn't vote for him, asshole.

Really? Why not?

 

[FoghornLeghorn]

Numerous city governments are in the bus business. Should that be eliminated?

 

[Twisted Gypsy Child]

He is moving towards that dictatorship Harris warned everybody about.

yes I remember. It was in Pennsylvania.

Vice President Kamala Harris warned that former President Donald Trump is “unstable,” “unhinged” and out for “unchecked power."
One thing that is true about Kamala, she did warn the voters.

I often wonder what vegetable prices would be if she had been elected

 

[FoghornLeghorn]

yes I remember. It was in Pennsylvania.

Vice President Kamala Harris warned that former President Donald Trump is “unstable,” “unhinged” and out for “unchecked power."
One thing that is true about Kamala, she did warn the voters.

Yes, right after the Deep State tried to murder him.

 

[Twisted Gypsy Child]

Really? Why not?

as for myself I saw how he fucked it all up the first time, added 8T onto the deficit, and the fact of the felonies and vaginal penetration with his fingers and the Stormy deal and J6 and every time he opens his yam it is nothing but lies.

 

[IM2]

yes I remember. It was in Pennsylvania.

Vice President Kamala Harris warned that former President Donald Trump is “unstable,” “unhinged” and out for “unchecked power."
One thing that is true about Kamala, she did warn the voters.

I often wonder what vegetable prices would be if she had been elected

Without the tariffs and mass deportations, the prices would be lower.