Arguments in favor of rescuing Intel:
- It is a crucial sector; if a company goes bankrupt, it is difficult to recover for several years, because it is usually difficult for a new company if it does not have sufficient resources and/or support.
- If Intel declares bankruptcy, it would leave AMD with a monopoly on x64 because, without a direct rival to compete with, the price of CPUs is likely to increase and, as a result, the price of PCs would also increase.
- By rescuing Intel, the company can better plan its strategies and make long-term plans without pressure from shareholders to make a profit.
- It would preserve many people’s jobs, keeping unemployment low and without affecting people’s finances.
- Continue to maintain technological sovereignty in the country without the risk of another foreign company buying Intel’s technology.
WhirlpoolBrewer@lemmings.world 3 days ago
This is a strong argument. One of my main complaints with modern large companies is the need to operate for short term gains long term losses, so point number 3 sounds amazing to me. Does this mean Intel would no longer be a publicly traded company, but a US Government owned company, something similar to the USPS?
IsaamoonKHGDT_6143@lemmy.zip 3 days ago
It depends on how Intel is rescued: whether the government nationalizes it completely to become a state-owned company, or a partial rescue of the company to structure it, or a conventional rescue, or whether it is placed under federal guardianship for a time and then privatized.
In short, yes, but in certain scenarios.
WhirlpoolBrewer@lemmings.world 3 days ago
Very cool thanks for the informative answers