U.S. government takes 10% stake in Intel

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?

There is only 1 winner and 1 loser: Intel.

It's the only chip manufacturer "left" in the US. The argument is national security: the US expects China to invade Taiwan and this will kill TSMC in the process.

Whether this will happen or not can be debated, but this is what the government expects.

> It's the only chip manufacturer "left" in the US

Global Foundries, Micron, and Texas Instruments all come to mind

Yeah terrible position to be when your own government is investing in your competitors' company using your own tax dollars.

As a software engineer, this isn't an entirely new concept.

I think all three of those other companies are also getting CHIPS-act subsidies?

I suppose it could be worse. Still, now the US has a vested interest in seeing Intel crush AMD and others.