Comment by JumpCrisscross

4 months ago

> argument I have heard about the US taking 20% stake in Intel is that when a company asks for federal money then it’s only fair if the federal government gets some equity in return

Great forward-looking concept. Terrible ex post facto. The precedent set is that the government can demand equity for past favours at any time.

Also, now that the U.S. owns a stake in Intel, where does that leave competitors? We're already seeing a push to force AMD and Intel to merge [1].

[1] https://www.tomsguide.com/tech/us-government-considering-cas...