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US Takes Nearly 10% Stake in Intel, Clinching Unorthodox Deal

⁨28⁩ ⁨likes⁩

Submitted ⁨⁨2⁩ ⁨days⁩ ago⁩ by ⁨misk@piefed.social⁩ to ⁨technology@lemmy.zip⁩

https://www.bloomberg.com/news/articles/2025-08-22/trump-poised-to-unveil-intel-deal-for-equity-stake-on-friday

Archive: https://archive.ph/2025.08.22-211815/https://www.bloomberg.com/news/articles/2025-08-22/trump-poised-to-unveil-intel-deal-for-equity-stake-on-friday

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Comments

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  • ozoned@piefed.social ⁨2⁩ ⁨days⁩ ago

    I thought we disliked communism here? Oh right, when orange man does it, it OK. Unga munga.

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    • WhatAmLemmy@lemmy.world ⁨2⁩ ⁨days⁩ ago

      This isn’t communism. It’s fascism… and conservatives love fascism.

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      • MCasq_qsaCJ_234@lemmy.zip ⁨2⁩ ⁨days⁩ ago

        But Bernie Sanders supports this initiative, I don’t know if he really follows his ideology or if he’s just a politician who doesn’t follow his principles.

        thehill.com/…/5462508-sanders-backs-trump-plan-to…

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    • LeeeroooyJeeenkiiins@hexbear.net ⁨2⁩ ⁨days⁩ ago

      the state taking a 10% stake in a company isn’t communism

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      • ThermonuclearEgg@hexbear.net ⁨2⁩ ⁨days⁩ ago

        The discussion looks a bit different on their instance lol

        Image

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    • yozul@beehaw.org ⁨2⁩ ⁨days⁩ ago

      Merging corporate and government power is not at all the same thing as the workers seizing the means of production.

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      • ozoned@piefed.social ⁨2⁩ ⁨days⁩ ago

        I'm also not being serious.

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  • gravitas_deficiency@sh.itjust.works ⁨2⁩ ⁨days⁩ ago

    “Unorthodox deal”

    Come the fuck on, it’s nakedly obvious that it’s just mafia-esque bullshit. Call it what it is.

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    • misk@piefed.social ⁨2⁩ ⁨days⁩ ago

      This is unorthodox to neoliberals only. The alternatives are:

      • let your only hardware manufacturer of this scale die - not great for national security
      • bail out with no strings attached - another transfer of public wealth to shareholders
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