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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: 0s | source
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cuttothechase ◴[22 Aug 25 21:31 UTC] No.44990065[source]▶
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?

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coliveira ◴[22 Aug 25 22:15 UTC] No.44990525[source]▶
This is a sure giveaway that the US military depends on Intel. It is the only major chip producer that has fabs in the US, and it is also the creator of the x86 architecture. That would mean that without Intel the military would become dependent on chips from Chinese Taiwan.
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1. anonfordays ◴[23 Aug 25 04:05 UTC] No.44993045[source]▶
>This is a sure giveaway that the US military depends on Intel.

"Giveaway?" This isn't some secret, everyone knows the military depends on x86 processors, and having a company that can produce them domestically is a national security concern.