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U.S. government takes 10% stake in Intel

(www.cnbc.com)
607 points givemeethekeys | 1 comments | 22 Aug 25 21:01 UTC | HN request time: 0.252s | source
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dmitrygr ◴[22 Aug 25 21:45 UTC] No.44990230[source]▶
Why is this a surprise?

Who do you expect to design and make chips for national security-level programs in the future wars when Taiwan is a deep crater?

Every serious nation state has an arch design house and a fab. It need not be cutting edge (most militry stuff is a few gens old), but it needs to exist. Russia has Elbrus. China has Looonsoon and SMIC. Europe has ARM but is a bit behind here fab-wise. However, STMicro does have fabs in europe.

This is just securing access and control of national-security level resources.

replies(2): >>44990344 #>>44990447 #
1. tyg13 ◴[22 Aug 25 21:56 UTC] No.44990344[source]▶
The surprise is the federal government acting like an unfair negotiator, substantially altering the deal after it had already been struck. Equity in return for investment grants was never a part of CHIPS, and was only made part of it by Trump who seems to have originally wanted to kill the deal because it wasn't made by him.