r/technology • u/Franco1875 • 3d ago

Politics The Trump administration’s big Intel investment comes from already awarded grants

https://techcrunch.com/2025/08/23/the-trump-administrations-big-intel-investment-comes-from-already-awarded-grants/
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u/realribsnotmcfibs 2d ago

I said it before on Reddit I’ll say it again.

The government SHOULD entirely nationalize Intel and shareholders should receive $0 in compensation.

It IS a critical industry for both economic and national security.

They have spent over 60% of their profit over the last 2 decades not on R&D and employees or saving for future development but on stock buy backs and shareholder dividends. To the tune of over 160 billion dollars if they had saved this money for a rainy day their company would have the reserves to keep on keeping on for the better part of the next decade.

They displayed monopoly behavior by attempting to bully integrators to only offer Intel in their system line ups at their peak rather than genuinely offer the best product at the best price in all price points.

They have now fallen so hard they are cutting tens of thousands of jobs and begging for government money openly announcing they no longer want to compete on the cutting edge because they can’t. It’s time to shut shareholders and highly compensated executives out of the company and build a US based company that will provide for its country.

Plunder and enrich < profit and improve

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u/PainterRude1394 2d ago

They have spent over 60% of their profit over the last 2 decades not on R&D and employees or saving

So, profit means money after r&d and payroll. What you're saying is impossible and makes no sense. I don't think you understand even the basics of what you are saying.

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u/realribsnotmcfibs 2d ago edited 2d ago

And yet a former recent CEO of Intel even admitted that stock buy backs harmed their future and that they could no longer focus on them.

160 billion dollars would offset 8 years of their most recent loss without even considering what they could have earned on that money. Instead they are begging for government money as they lay off tens of thousands of people.

It absolutely makes sense that they emptied their piggy bank to enrich shareholders while letting the company fail in the near future due to a lack of investment to overcome their difficulties in developing newer gens of their tech.