• Linkerbaan@lemmy.world
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    6 months ago

    Buying a startup and building a new factory are entirely different.

    Intel is investing in israel because the board members and owners are israeli and they are ideologically motivated to support the Apartheid state.

    It does not take a genius to realize that making your biggest investment ever in an active war zone where WW3 is likely to pop off is not a great plan. It would be like Russia starting a chip factory in the Donbass.

    In any case the stock doesn’t fall without reason. And unlike AMD with Ryzen there does not seem to be a magical comeback plan for Intel that is paying off over time. ARC has failed to deliver.

    • ArtikBanana@lemmy.dbzer0.com
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      6 months ago

      Nvidia is also currently building their most powerful supercomputer in Israel. And the CEO has also mentioned the Israeli startup Mellanox (which they acquired for 7 billion USD) as an important part of Nvidia’s success.
      He also said “Israel is home to world-leading AI researchers and developers creating applications for the next wave of AI,” as recently as the end of last year.
      Considering that, their startup accelerator program with over 300 Israeli startups, and their 7 R&D centers in Israel (Intel has 4 facilities), I’d say that by your logic Nvidia is much more “pro-Israel” than Intel. And it’s number 1 in the OP’s article’s list.

      Don’t see any Israelis in the board members or owners. Them and the founders all seem to be American. I did see Bangladeshi-born and Malaysian-born Americans on the board.

      You’re doing semantics with yourself.
      I wrote that ByteDance is headquartered in China and was founded by Chinese. Nowhere did I write “owned by China”.