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607 points givemeethekeys | 3 comments | | HN request time: 0s | source
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jjcm ◴[] No.44990743[source]
In general I would rather the government take a stake in corporations they're bailing out. I think the "too big to fail" bailouts in the past should have come with more of a cost for the business, so on one hand I'm glad this is finally happening.

On the other hand, I wish it were a more formalized process rather than this politicized "our president made a deal to save america!" / "Intel is back and the government is investing BUY INTEL SHARES" media event. These things should follow a strict set of rules and processes so investors and companies know what to expect. These kind of deals should be boring, not a media event.

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ch4s3 ◴[] No.44991032[source]
I’d really rather we didn’t bail out these companies at all. It clearly creates moral hazard and makes it hard for better run companies to enter markets.
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JustExAWS ◴[] No.44991093[source]
Chip manufacturing is too important for the US. We can’t be completely dependent on Taiwan. Nothing against Taiwan, it’s one attack away from being obliterated by China.

No company is going to come out of someone’s garage and build a chip fab.

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charliea0 ◴[] No.44991200[source]
We can definitely offer subsidies for manufacturing in the US - we've already gotten TSMC to open several fabs.
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1. re-thc ◴[] No.44992999[source]
> We can definitely offer subsidies for manufacturing in the US

The very subsidies Intel now has to pay with shares for? How is that a subsidy? Companies now and in the future would be very concerned before taking any US subsidies because the terms can always change after the fact.

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2. AuryGlenz ◴[] No.44993776[source]
Are we so sure Intel sees this as a bad thing? The US now has even more reason to prop them up.
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3. re-thc ◴[] No.44996009[source]
Yes, does it matter if there are more reasons? If you want to do something, 1 is enough. The rest are excuses.