Hardware

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This is a community dedicated to the hardware aspect of technology, from PC parts, to gadgets, to servers, to industrial control equipment, to semiconductors.

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U.S. government takes 10% stake in Intel, as Trump expands control over private sector (www.cnbc.com)

submitted 1 week ago by commander@lemmy.world to c/hardware@lemmy.ml

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cross-posted from: https://lemmy.world/post/34838045

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[–] Aria@lemmygrad.ml 1 points 1 week ago (1 children)

So you're thinking that Intel is asking for a bailout, but not intending to spend the bailout, and that the USA is signalling they'll be allowed to pocket the bailout money?

If they intend to spend the money, then the money is well spent going from tax-payers to Intel, because Intel is one of their most valuable assets after the chipmakers that are profitable.

[–] limer@lemmy.ml 1 points 1 week ago

You are responding to my gut feeling which is not backed up with facts.

I simply decided that much money, in a deal initiated by known thieves, will have fuckery afoot. People will manage, in a way unknown to me, to line their pockets.