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607 points givemeethekeys | 3 comments | 22 Aug 25 21:01 UTC | HN request time: 0.002s | source

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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?

1. SkyPuncher ◴[23 Aug 25 00:05 UTC] No.44991545[source]▶

This isn't a generalizable problem. There just aren't many companies that would be in a comparable situation to Intel.

Intel is:

* Critical to national security

* An advanced, industry that's extremely hard to spin up

* Essentially, one of two companies in it's industry.

Very few other companies meet all of those criteria.

replies(1): >>44991980 #

2. cuttothechase ◴[23 Aug 25 01:10 UTC] No.44991980[source]▶

What beats Boeing or Apple then so as to put Intel over the top of these guys?

replies(1): >>44992531 #

3. fourg ◴[23 Aug 25 02:32 UTC] No.44992531[source]▶

Intel wanted the 9 billion in CHIP Act money that was being withheld and was willing to make a deal for 10% equity in order to get it.

U.S. government takes 10% stake in Intel