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US Intel

(stratechery.com)
539 points maguay | 1 comments | 26 Aug 25 10:47 UTC | HN request time: 0.269s | source
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Agingcoder ◴[26 Aug 25 21:19 UTC] No.45032464[source]▶
I’m not sure why what he's saying is so outlandish to many ( at least to some of the papers he’s quoting ): we’re in a world which looks increasingly like the cold war all over again, and my immediate reaction when I saw the headline was ‘ah yes China this makes sense’. We’re not talking private capital - it’s national interests being pushed, for long term reasons, and probably a bit late.

Now I’m European so this seems obvious to me, coming from a culture of high government intervention but I might be very wrong!

replies(1): >>45038292 #
1. jajko ◴[27 Aug 25 11:41 UTC] No.45038292[source]▶
The underlying logic is flawed though, there is no deeper action plan since they will still have 0 control over the company and any of its bigger decisions. Also nobody buys from Intel foundries, and for good reasons, this won't change any of that.

We have already seen some pretty blatant insider trading moves from current government, so I wouldn't rule that one out. But its probably way more petty - chips and manufactured war with China is all the rage in media, we all still remember covid situation, so its an easy area to get some political points, while spending other's money.

Most European government interventions, like French literally taking ownership of their common car manufacturers aren't considered any sort of success story to emulate after.