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U.S. government takes 10% stake in Intel

(www.cnbc.com)
607 points givemeethekeys | 7 comments | 22 Aug 25 21:01 UTC | HN request time: 0.214s | source | bottom
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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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miohtama ◴[22 Aug 25 21:52 UTC] No.44990294[source]▶
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.

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1. ecocentrik ◴[22 Aug 25 22:40 UTC] No.44990783[source]▶
If the argument was for protecting Intel, then the US government should be placing huge orders with Intel for solutions that will fund R&D and allow the company to regain its position as a foundry. They should be tapping into the defense budget. DARPA should be involved. This was an opportunity for petty extortion and a step towards socialism.
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2. KetoManx64 ◴[23 Aug 25 00:26 UTC] No.44991685[source]▶
Government involvement is the fastest way to corrupt the purpose of an organization, hollow out its soul and quickly get rid of all the competant people. There's a reason that the DOGE findings made a laughing stock of government employees.
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3. onepointsixC ◴[23 Aug 25 02:49 UTC] No.44992637[source]▶
Huge order for... what? DoD's needs for chips are quite modest in quantity. Truth is that the US Gov doesn't need the volume which requires Intel to keep afloat.
4. bushbaba ◴[23 Aug 25 04:11 UTC] No.44993076[source]▶
A large bulk of CPU orders comes from Google, Amazon, and Microsoft. Want to say 50% of all AMD revenue is datacenters, and the Hyperscalers represent the largest chunk of that.
5. estearum ◴[23 Aug 25 04:57 UTC] No.44993294[source]▶
> There's a reason that the DOGE findings made a laughing stock of government employees

Can you point out which specific findings? Ideally ones that are substantiated and not just one off tweets.

6. dgb23 ◴[23 Aug 25 07:10 UTC] No.44993959[source]▶
Depends on the implementation.

Switzerland owns its energy companies and its public transport company. Hugely successful.

7. abullinan ◴[23 Aug 25 15:04 UTC] No.44996506[source]▶
It is not socialism. Socialism is when the workers control the means of production. Not a fat windbag mobster president and his thugs.