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U.S. government takes 10% stake in Intel

(www.cnbc.com)
607 points givemeethekeys | 4 comments | 22 Aug 25 21:01 UTC | HN request time: 0.001s | source
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cuttothechase ◴[22 Aug 25 21:31 UTC] No.44990065[source]▶
Genuine question-

How does Govt picking winners and losers going to help?

Intel is no Too big to fail Bank. Why save Intel of all chip manufacturers? Wouldnt it be like 25 years too late, with Intel and its heydays !?

Would Govt now ensure parity by investing in "marquee" entities across different industrial domains?

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jen20 ◴[22 Aug 25 21:35 UTC] No.44990113[source]▶
> How does Govt picking winners and losers going to help?

By ensuring that the US retains at least the ability to manufacture second tier CPUs vs complete reliance on Asia? This doesn't seem unreasonable.

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bigyabai ◴[22 Aug 25 21:37 UTC] No.44990134[source]▶
The US can't employ poverty-tier labor to enable competitive margins, though. American businesses and global trade partners already largely reject Intel's foundry services.
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1. wahnfrieden ◴[22 Aug 25 21:38 UTC] No.44990148[source]▶
Haven’t you read Curtis Yarvin’s vision for America? Our leaders, VCs, and owners have
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2. bigyabai ◴[22 Aug 25 21:41 UTC] No.44990172[source]▶
I don't care how nihilist or kafkaesque you want to take the conversation - the math won't check out. You can't sustain a third-sector economy on second-sector jobs while importing first-sector goods. The entire financial system in America won't survive that sort of transition, it would be the Great Leap Forward of the 21st century.
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3. Avshalom ◴[22 Aug 25 21:46 UTC] No.44990234[source]▶
One of the things about the Great Leap Forward is that it happened. Just because a path of action will obviously lead to mass death and suffering while accomplishing nothing doesn't mean it won't be taken.
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4. lanstin ◴[24 Aug 25 17:19 UTC] No.45005922{3}[source]▶
This point of view seems to bear repeating these days as the US leadership seems to be re-purposing Lysenkoism and its methods for the pro carbon burn movement and the anti-biological research movement.