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> the government made an $8.9 billion investment in Intel common stock, purchasing 433.3 million shares at a price of $20.47 per share, giving it a 10% stake in the company > The United States paid nothing for these Shares, and the Shares are now valued at approximately $11 Billion Dollars I don't understand. Can somebody explain to me how the government made an investement, bought shares, but paid nothing?
i remember when this happened during an actual crisis, in 2008, republicans all over cried on the radio day after day, arguing that it's socialiasm. But now, crickets!!
What remains of the "old guard" is, in fact, loudly complaining about this move:
https://www.nationalreview.com/2025/08/the-government-should...
i remember when this happened during an actual crisis, in 2008, republicans all over cried on the radio day after day, arguing that it's socialiasm. But now, crickets!!
This is worse than I expected. They're apparently putting in no new money and retroactively demanding stock in exchange for grants that were already awarded. If Intel can't afford to build 14A and we're putting in no net new money... then Intel still can't afford 14A? Unless they were lying.
Also > "Your CHIPs Act is a horrible, horrible thing...You should get rid of the CHIP act and whatever's left over Mr. Speaker" - Donald Trump
Fast forward to today: > "This is a great Deal for America and, also, a great Deal for INTEL." - Donald Trump
Genuine question- How does Govt picking winners and losers going to help? Intel is no Too big to fail Bank. Why save Intel of all chip manufacturers? Wouldnt it be like 25 years too late, with Intel and its heydays !? Would Govt now ensure parity by investing in "marquee" entities across different industrial domains?
> How does Govt picking winners and losers going to help? By ensuring that the US retains at least the ability to manufacture second tier CPUs vs complete reliance on Asia? This doesn't seem unreasonable.
> the government made an $8.9 billion investment in Intel common stock, purchasing 433.3 million shares at a price of $20.47 per share, giving it a 10% stake in the company > The United States paid nothing for these Shares, and the Shares are now valued at approximately $11 Billion Dollars I don't understand. Can somebody explain to me how the government made an investement, bought shares, but paid nothing?
Earlier quoted context omitted.
This is a bailout; it's the opposite of taxes.
Isn't it the opposite of a bailout, given that the US gov't is seizing an ownership stake retroactively based on past grants/bailouts but giving no new money at this time?
Starting today, under the government’s guidance, Intel shall serve the needs of the needs of the nation - not the whims of oligarchs.
Liberated from wasteful and destructive capitalistic competition, Intel’s revolutionary “people’s processors” (soon to be developed) will ensure that the world’s most advanced AI chips are made in America. And priced within the reach of every US worker.
Viva la revolution! Viva Intel!