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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: 0.203s | source
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jjcm ◴[22 Aug 25 22:36 UTC] 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 ◴[22 Aug 25 23:08 UTC] 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 ◴[22 Aug 25 23:13 UTC] 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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andrewflnr ◴[22 Aug 25 23:40 UTC] No.44991294[source]▶
"Someone's garage" is a straw man. There must be people here who could, with adequate funding, build a smallish but viable chip manufacturing company.
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1. mbac32768 ◴[23 Aug 25 03:59 UTC] No.44993014[source]▶
Sadly no. There isn't really a single person who understands the entire SOTA chip fabrication process in enough detail. Think thousands of material science PhDs with master and apprentice style relationships inserted at every level of a massive tech tree.

It's not like you can just look at the plans for a chip fab and copy/paste it into a new location and hire people to fill in who will have any idea how to work it.