She’s right, and I say that as someone who doesn’t always agree with her. Intel has been a sinking ship riding on momentum and past success, while a stagnant team of employees draw paychecks on the way down to irrelevance. I know this is a cynical description but the reality is their products aren’t competitive and their moat doesn’t really exist in a world where many companies can build great chips. And most employees there don’t care about this terrible end to a once great company.
America taking a stake in this company instead of investing in new startups or in breaking up anticompetitive industries is a bad decision by this administration. It doesn’t do much to make America strong for a world where it competes with China and India.