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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: 0.206s | source
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sobiolite ◴[22 Aug 25 22:04 UTC] No.44990406[source]▶
Ironic, Western politicians thought opening up to trade with China would lead to it adopting a Western model of government. Instead it's lead to the USA adopting the Chinese one.
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robotnikman ◴[22 Aug 25 22:23 UTC] No.44990607[source]▶
It somewhat makes sense in terms of industries which are deemed strategically important. Intel needs to start thinking long term instead of short term profits.
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1. petemill ◴[22 Aug 25 22:34 UTC] No.44990726[source]▶
> Intel needs to start thinking long term instead of short term profits

Which is what the last CEO was in the middle of doing and he got fired just recently because they couldn't stomach it