The U.S. government has been holding discussions on taking an equity stake in the chip maker Intel, Bloomberg and the Wall Street Journal reported on Thursday.
Archive: https://archive.is/1EOAh
The U.S. government has been holding discussions on taking an equity stake in the chip maker Intel, Bloomberg and the Wall Street Journal reported on Thursday.
Archive: https://archive.is/1EOAh
But if the industry is critical for basic functions of the economy - say, education or medicine or transit - then maybe keeping the lights on is more important than maximizing rental profits.
If an industry is so critical to the functioning of the economy or the state then maybe it should be owned by the state? Maybe critical components of our society should not be at the whims of shareholders.
Okay, but you can’t do that because if the state runs an enterprise then Joseph Stalin happens
Um what? Rental profits?
As far as its importance, Im a silicon design engineer. I care a lot about that. There are US fabs that aren’t too far behind for now, and TSMC is building its next fab in Arizona, notTaiwan.
Like I said this is all about investors. Don’t be fooled.
Economic “Rents”. Surplus income earned by a resource owner.
In Intel’s case, they thought they could avoid investing in new major capital projects and just milk the existing IP/facilities to draw out the return on the original investment.
I guess we’ll see what comes of that. But I’m not sure sending Intel into receivership is going to improve the American tech sector landscape