Now Trump is pushing socialism. He seems to be confused at who he is.
US pursuing stake in struggling chipmaker Intel, commerce secretary says
Submitted 2 months ago by Davriellelouna@lemmy.world to technology@lemmy.world
https://www.theguardian.com/us-news/2025/aug/19/intel-stake-trump-chips-science-act
Comments
MyOpinion@lemmy.today 2 months ago
DFX4509B_2@lemmy.org 2 months ago
This is GM in 2008 all over again.
captainastronaut@seattlelunarsociety.org 2 months ago
Oh good. Let’s nationalize the chip manufacturing so the government can install hardware security back doors.
gnutrino@programming.dev 2 months ago
Why, are the ones already there not enough?
Fiivemacs@lemmy.ca 2 months ago
would you rather they fail and you get no chips, or higher prices because less competition? this isn’t technically a bad thing…
basketugly@lemmy.world 2 months 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.
3dcadmin@lemmy.relayeasy.com 2 months ago
There are other ways to ensure they don’t fail…
Me personally, I’d like to see them go the way of Nokia
Cocodapuf@lemmy.world 2 months 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…