US Government to purchase 10% stake in Intel, according to report

windowscentral.com

14 points01-_-3 comments

Are there many examples of the U.S. government purchasing companies in high-tech industries and running and growing them successfully?

Ignoring the politics of this, I don't understand if this is likely to be long term good or bad for Intel and the U.S.'s ability to remain relevant in the chips manufacturing space.

The US' experience is in rescuing older and failing sectors preferably with a quick resale.. This is one of the worst ideas I've heard so far because of the international politics of having berated China over Huawei. Intel is likely to lose exports which they can't make up for with an investment it could do without.

Larger discussion from later today: https://news.ycombinator.com/item?id=44989773

Reply on news.ycombinator.com