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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: 0.214s | source
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hbarka ◴[22 Aug 25 22:31 UTC] No.44990698[source]▶
Shakedown list: Nvidia 15% of revenue AMD 15% of revenue Intel 10% of capital

Who else is next?

replies(5): >>44991168 #>>44991530 #>>44992251 #>>44992621 #>>44993143 #
1. favflam ◴[23 Aug 25 02:46 UTC] No.44992621[source]▶
Just to add:

what about the part where a single person is dictating taxes on American companies? That does not seem to phase that many people in the tech space...

And what leverage did the administration illegally (without Congressional authorization) apply to get this deal?

At least when the Bush admin did the first part of the financial bailout in 2008, they had Congressional authorization (a bill was passed).