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US pursuing stake in struggling chipmaker Intel, commerce secretary says

⁨26⁩ ⁨likes⁩

Submitted ⁨⁨4⁩ ⁨days⁩ ago⁩ by ⁨Davriellelouna@lemmy.world⁩ to ⁨technology@lemmy.world⁩

https://www.theguardian.com/us-news/2025/aug/19/intel-stake-trump-chips-science-act

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Comments

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  • captainastronaut@seattlelunarsociety.org ⁨4⁩ ⁨days⁩ ago

    Oh good. Let’s nationalize the chip manufacturing so the government can install hardware security back doors.

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    • gnutrino@programming.dev ⁨4⁩ ⁨days⁩ ago

      Why, are the ones already there not enough?

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    • Fiivemacs@lemmy.ca ⁨4⁩ ⁨days⁩ ago

      would you rather they fail and you get no chips, or higher prices because less competition? this isn’t technically a bad thing…

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      • basketugly@lemmy.world ⁨4⁩ ⁨days⁩ ago

        Intel would be an example of a chipmaker that should fail but they won’t let it because it’s also an unofficial asset. It will literally never fail no matter how backward it gets and they have been backward for decades.

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      • 3dcadmin@lemmy.relayeasy.com ⁨4⁩ ⁨days⁩ ago

        There are other ways to ensure they don’t fail…
        Me personally, I’d like to see them go the way of Nokia

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      • Cocodapuf@lemmy.world ⁨4⁩ ⁨days⁩ ago

        I mean, it’s not definitely a bad thing in principle… But given the current administration, I would worry about any company the government wants to get their hands into. I’d be worried if the us suddenly wanted to buy into Coca-Cola…

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  • MyOpinion@lemmy.today ⁨4⁩ ⁨days⁩ ago

    Now Trump is pushing socialism. He seems to be confused at who he is.

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  • DFX4509B_2@lemmy.org ⁨2⁩ ⁨days⁩ ago

    This is GM in 2008 all over again.

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