Original archived Re: US State acquired 10% stake in Intel
Scraped on 23/08/2025, 19:19:53 UTC
This is some of the most bonker news I've heard.
The US gov paying billions to get shares in a company, and no board seat in return. Intel hasn't issued any dividends this year, in spite of a long standing tradition to issue quarterly dividends. The company is arguably on a downtrend with dwindling market share and losing the competing battle with AMD in terms of technology.
There is nothing wrong with this, what is bonker about it? Should they continue to give free money handouts and get nothing in return for it whenever some idiots from management fuck up a company?
So the US gov under Trump is now continuing to take stakes in private business... Do you think this will put the US ahead in the world arena or will they continue to be laggards in technology?
Plenty of other governments have done the same, including Taiwan. Stop watching CNN and do some research.