r/technology 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/DanielPhermous 2d ago

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

So... theft?

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u/realribsnotmcfibs 2d ago

It’s a company built off now 50 billion in tax payer subsidies and have admitted they no longer can compete in a sector that is actually important for the country.

So sure stealing.

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u/DanielPhermous 2d ago

It's worth 108 billion. You're advocating robbing people of a collective 58 billion, including many people's 401Ks. I'm not even sure what the legality would be for foreign investors. Is the US going to rob citizens of allied countries as well?

And let's just ignore the 5th and 14th Amendment while we're at it.

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u/realribsnotmcfibs 2d ago

It only needs a government bailout because it’s admitting it can no longer compete. The only reason their stock isn’t lower is because the government hinted they would bail them out from the moment they started ringing the bell.

They just had a 19 billion dollar loss and are shedding tens of thousands of manufacturing employees.

“We face the prospect that it will not be economical to develop and manufacture Intel 14A and successor leading-edge nodes on a go-forward basis,” Intel wrote in a regulatory filing Thursday.

“Any decision to pause or discontinue our pursuit of Intel 14A and successor leading-edge process technologies,” it continued, “may be effectively irreversible.”

Does that sound like a 100 billion dollar company in a critical industry that took hundreds of billions of dollars and decades to get where it is today?

If the tax payer has to bail you out and feed you on down years after you spent all your cash at the casino…you don’t deserve the pretend market value built off said casino game.

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u/DanielPhermous 2d ago

It only needs a government bailout because it’s-

Doesn't matter. We're not talking about Intel, not really. We're talking about the US Government taking 58 billion dollars from investors, many of which are ordinary people with 401Ks, in direct contravention of two Amendments of the Constitution and likely a few dozen international treaties.

You support that. I don't.

And we both know your tune would change if you, personally, held Intel stock.

I'm out. You're never going to admit anything.