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.

> the US expects China to invade Taiwan and this will kill TSMC in the process.

Would it though? The TSMC foundries are pretty much in every continent. Are they just going to stop operating if this happens? Because that seems akin to killing a golden goose.

Also what is up with Global Foundries? I don’t hear a peep about them.

Global Foundries is on 12nm. TSMC is at 3.

TSMC gets their machines from ASML who licenses their technology from the Department of Energy. The US will be OK.