Think long term. What kind of regulatory capture is going to happen? Protected companies stagnate instead of innovate. That 10%? That’s not a cash deal. It’s not revenue for the share holders. It’s basically the value of all the CHIPS deal and other things that Intel was already getting. They literally gave 10% of the company away for free.
And it’s illegal. And it’s communism. It’s everything Republicans hated when the Obama administration gave Solyndra a loan. This is pure corruption and will end badly for everyone.
The stock is up. But that’s not because this is good. It’s up because investors didn’t think this through. Short term profit vs long term fail.
Intel is stagnating since the x86 instruction set because the PC platform default. They have been a drag, along with microsoft on all things computers since the 1980s
Now imagine how government will effect that. You know how the government’s been trying to put back doors into hardware? A lot easier to do when you own part of a major chip manufacturer. Do you think having a steady supply of government orders will make them innovate or get lazier? Why is the government proving up a dragging company? Isn’t that picking losers and winners like Republicans had issues with in the Solyndra deal?
Intel failing isn’t a reason for the government to get involved, it’s a reason to stay away.
Think long term. What kind of regulatory capture is going to happen? Protected companies stagnate instead of innovate. That 10%? That’s not a cash deal. It’s not revenue for the share holders. It’s basically the value of all the CHIPS deal and other things that Intel was already getting. They literally gave 10% of the company away for free.
And it’s illegal. And it’s communism. It’s everything Republicans hated when the Obama administration gave Solyndra a loan. This is pure corruption and will end badly for everyone.
The stock is up. But that’s not because this is good. It’s up because investors didn’t think this through. Short term profit vs long term fail.
Intel is stagnating since the x86 instruction set because the PC platform default. They have been a drag, along with microsoft on all things computers since the 1980s
Now imagine how government will effect that. You know how the government’s been trying to put back doors into hardware? A lot easier to do when you own part of a major chip manufacturer. Do you think having a steady supply of government orders will make them innovate or get lazier? Why is the government proving up a dragging company? Isn’t that picking losers and winners like Republicans had issues with in the Solyndra deal?
Intel failing isn’t a reason for the government to get involved, it’s a reason to stay away.
I agree with everything you said. But none of it is a rebuttal to what I said