Comment by lazide
5 months ago
I don’t know, it sounds like the US gov’t just stole $11 bln from Intel shareholders - while intel is failing - while promising nothing?
5 months ago
I don’t know, it sounds like the US gov’t just stole $11 bln from Intel shareholders - while intel is failing - while promising nothing?
It's a similar amount to the stake from the CHIPS act.
And?
And fundamentally, I believe that any industrial stimulus should come with a mixture of government ownership as well as claw-back provisions should interests contravene national security.
Edit: cannot reply to you.
This deal literally comes with claw-back provisions.
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