U.S. government takes 10% stake in Intel

Capitalism for profits, socialism for losses. I’m sick of seeing this sort of behavior pan out time and time again, though I’m hardly surprised by it at this point.

Speaking of things that wouldn’t surprise me, if Intel can’t manage an about-face in the next three to six years I fully expect them to become a Nationalized enterprise if only to preserve fabrication and chip design capabilities domestically. Same with Boeing given their less-than-stellar track record of late.

The current conflict is over domestic manufacturing capabilities. That’s where it will continue to rage until and unless full-fledged war breaks out. It doesn’t matter how many chips are designed domestically if all production capacity is in Asia within China’s sphere of influence. Intel is a major outlier for chips, as is Boeing for aerospace.

> Capitalism for profits, socialism for losses. I’m sick of seeing this sort of behavior pan out time and time again, though I’m hardly surprised by it at this point

I'm not sure how this applies.

The US government just gained a 10% stake for nothing (that wasn't already given). Effectively going from the scenario you are painting to now taking a part of the profit as well.

I guess you were surprised after all!

The whole point of equity is that it can go to zero. Profit sharing means that the government had an upside (if Intel became profitable) and no downside. Now, if Intel loses money or goes bankrupt, 10 % of those losses automatically get socialised.

Great explanation of the socialism for losses, which was already happening and is the normal bailout routine.

Now explain how "Capitalism for profits" applies.