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AZ8theist

(6,906 posts)
Fri Aug 22, 2025, 05:25 PM Aug 22

Intel announces $8.9 billion investment from US government, which will own 9.9% of chipmaker

Source: Yahoo Finance

The US government has taken an $8.9 billion, 9.9% stake in Intel (INTC), buying 433.3 million shares in the chipmaker at a price of $20.47 per share.

The government’s investment in Intel will be passive ownership, with no Board representation or other governance or information rights, Intel said in a statement. Intel said the government also agreed to vote with the company's Board of Directors.

Read more: https://finance.yahoo.com/news/intel-announces-89-billion-investment-from-us-government-which-will-own-99-of-chipmaker-180452175.html



Wait! I thought Republicans screeched at the government "picking individual companies" to invest in??

I guess that only applies to a Democratic administration.
27 replies = new reply since forum marked as read
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Intel announces $8.9 billion investment from US government, which will own 9.9% of chipmaker (Original Post) AZ8theist Aug 22 OP
The government taking over corporations? Fascism is fine with these folks. SeattleVet Aug 22 #1
I have to say that Wolin's markodochartaigh Aug 22 #4
I wasn't aware that the Feds invest. Obama's GM was too I guess. underpants Aug 22 #8
One of the dictionaries popsdenver Aug 23 #19
Yeah Citizens United was a big deal jfz9580m Aug 23 #22
Thanks JFZ popsdenver Aug 24 #27
Frank Wilhoit: markodochartaigh Aug 22 #2
I'd never heard that. Very interesting. underpants Aug 22 #5
Great one popsdenver Aug 23 #20
Normal stuff Prairie Gates Aug 22 #3
Isn't government ownership of the means of production the definition of socialism? surfered Aug 22 #6
The Soviet Union had elements of a socialist economy. markodochartaigh Aug 22 #9
AND popsdenver Aug 23 #21
It's actually more of an integral part of true Fascism which is basically the merging of the Autocracy and Monopolies Cheezoholic Aug 22 #18
republicans used to believe the govt should not pick winners and losers nt msongs Aug 22 #7
Haha markodochartaigh Aug 22 #11
Leonard Leo and his bankers. rubbersole Aug 22 #16
I thought the Chips Act was to give a $4.5 billion loan to Intel bucolic_frolic Aug 22 #10
state owned sabbat hunter Aug 22 #12
So when are there going to be.......... I don't know oligarch's being pushed out of high rise windows........... turbinetree Aug 22 #13
Intel was building a chip plant near Columbus OH Blue Full Moon Aug 22 #14
Social media from tRump Blue Full Moon Aug 22 #15
So how do we regulate a company we own stock in? Wonder Why Aug 22 #17
So does this mean that Intel is going to bust the Tripp Lite/Starlink vote hacking scheme to pay us back? IthinkThereforeIAM Aug 23 #23
Military Industrial Complex. Marcuse Aug 23 #24
Didn't Trump just say this cost the taxpayers nothing? Bluetus Aug 23 #25
So does Trump get a board seat? C_U_L8R Aug 23 #26

SeattleVet

(5,747 posts)
1. The government taking over corporations? Fascism is fine with these folks.
Fri Aug 22, 2025, 05:31 PM
Aug 22

In fascist states, corporations are not independent entities but are integrated into a corporatist system where the state directs and manages economic activity to serve national interests. Rather than free-market principles, fascism emphasizes the subordination of private enterprise to state control, with corporations often organized into state-controlled councils and their activities aligned with the regime's political and economic goals, such as militarism and national expansion.

markodochartaigh

(4,175 posts)
4. I have to say that Wolin's
Fri Aug 22, 2025, 05:38 PM
Aug 22

Inverted totalitarianism is becoming easier to see now that it is starting to bloom. The seeds were the revolving doors between corporate boardrooms and government agencies and the resulting regulatory capture. But now under the most unabashedly authoritarian regime the US has ever had we can expect to the full panicles in bloom.

popsdenver

(544 posts)
19. One of the dictionaries
Sat Aug 23, 2025, 01:15 AM
Aug 23

defines FASCISM as the Merger of Corporations and Government............

Citizens United allowed Corporations to finance elections overwhelmingly for the Republicans.........

Republicans.......the best politicians corporate money can buy............and here we are folks..............

jfz9580m

(15,958 posts)
22. Yeah Citizens United was a big deal
Sat Aug 23, 2025, 02:07 AM
Aug 23

I remember it vaguely.

I thought it was 2007. But I was mixing up the Military Commissions Act with CU.

The repeal of Glass Stegall act was another big one. The so-called power of the internet seems useless when all this is out there but the slide continues.

Had to look em all up..

https://en.m.wikipedia.org/wiki/Glass%E2%80%93Steagall_legislation]

The Glass-Steagall Act, passed in 1933, separated commercial banking from investment banking to protect depositors and reduce the risk of financial speculation. It aimed to restore public confidence in the banking system following the Great Depression and was largely repealed in 1999.

https://en.m.wikipedia.org/wiki/Citizens_United_(organization)]

Citizens United refers to a landmark 2010 U.S. Supreme Court case, Citizens United v. Federal Election Commission, which ruled that corporations and unions can spend unlimited money on political campaigns, viewing such spending as a form of free speech protected by the First Amendment. This decision significantly changed campaign finance laws and increased the influence of money in politics.
https://en.m.wikipedia.org/wiki/Military_Commissions_Act_of_2006]

The Military Commissions Act is a U.S. law that was enacted in 2006 to authorize military commissions for trying individuals accused of violating the law of war, particularly foreign terrorists. It established procedures for these trials and defined who could be tried, but was later amended by the Military Commissions

markodochartaigh

(4,175 posts)
2. Frank Wilhoit:
Fri Aug 22, 2025, 05:34 PM
Aug 22

“Conservatism consists of exactly one proposition …There must be in-groups whom the law protects but does not bind, alongside out-groups whom the law binds but does not protect.”

surfered

(9,458 posts)
6. Isn't government ownership of the means of production the definition of socialism?
Fri Aug 22, 2025, 05:58 PM
Aug 22

While private ownership of the means of production is capitalism ?

I guess we’re Russia now?

markodochartaigh

(4,175 posts)
9. The Soviet Union had elements of a socialist economy.
Fri Aug 22, 2025, 06:32 PM
Aug 22

Russia today is neither socialist nor communist. Russia today is an authoritarian oligarchy, like what our oiligarchs and maga wants to turn the US into.

Cheezoholic

(3,323 posts)
18. It's actually more of an integral part of true Fascism which is basically the merging of the Autocracy and Monopolies
Fri Aug 22, 2025, 10:35 PM
Aug 22

Specifically a very few Monopolistic Controllers of the economy that let the Autocratic regime share directly in their wealth for a share of autocratic power, , who use that economy, and forcibly use the underclass people to generate and fight for it if necessary, in a quid pro quo that benefits their bottom line and the Autocrats thirst for social dominance. It requires sharing between the two to put it bluntly and is often where fascistic regimes end up cleaving themselves, a civil war of at the top power level. At least that's how I remember it being taught to me in college .

markodochartaigh

(4,175 posts)
11. Haha
Fri Aug 22, 2025, 06:44 PM
Aug 22

"republicans used to believe the govt should not pick winners and losers".

That's a good one!

Have you heard the one about "Republicans care about small businesses"?

Another hilarious one I heard was that "Republicans are the party of law and order".

Seriously, who writes this stuff?!?!

bucolic_frolic

(52,540 posts)
10. I thought the Chips Act was to give a $4.5 billion loan to Intel
Fri Aug 22, 2025, 06:36 PM
Aug 22

Then that was sullied. Now investment. hmm

sabbat hunter

(7,039 posts)
12. state owned
Fri Aug 22, 2025, 06:46 PM
Aug 22

or ran corporations? Sounds a lot like China and Russia. Also how is trump personally benefiting from this move? We all know nothing he does is without him gaining some sort of monetary benefit.

turbinetree

(26,601 posts)
13. So when are there going to be.......... I don't know oligarch's being pushed out of high rise windows...........
Fri Aug 22, 2025, 07:13 PM
Aug 22

and the family getting a sack of potatoes..........you can buy Intel stocks but you can't give people health care, education, clean air and water....

Blue Full Moon

(2,904 posts)
14. Intel was building a chip plant near Columbus OH
Fri Aug 22, 2025, 07:15 PM
Aug 22

It was part of Biden's chip act. Trump's tariffs and wanting to stop it. Intel said that sells just inside the US wasn't enough to go ahead with the project. So he is just trying to re package it as a win for him.

Wonder Why

(6,223 posts)
17. So how do we regulate a company we own stock in?
Fri Aug 22, 2025, 09:27 PM
Aug 22

Hear Ye! Hear Ye! In the case of the United States vs the United States, the following case will be heard!

For the Prosecution, Pam Bondi will be representing the United States. For the Defense, the Attorney General Pam Bondi will be representing the United States. Attorney General Bondi will make the opening statement for the Prosecution, followed by Attorney General Bondi making the case for the defense.

Ms. Bondi: "The Prosecution intends to show that by owning a part of the company it is regulating, it has a conflict of interest which is a violation of Title XVIILCD Section 723 Subsection a.b and c and I ask the jurors to listen carefully to all the testimony we present and return a verdict of guilty"

Ms. Bondi: The Defense intends to show that by owning a part of the company it is regulating, there is no conflict of interest and therefore no violation of Title XVIILCD Section 723 Subsection a.b and c and I ask the jurors to listen carefully to all the testimony we present and return a verdict of not guilty"

IthinkThereforeIAM

(3,234 posts)
23. So does this mean that Intel is going to bust the Tripp Lite/Starlink vote hacking scheme to pay us back?
Sat Aug 23, 2025, 02:08 AM
Aug 23

... otherwise Intel is just, "gubment chips". The hicks called GM: Gubment Motors

C_U_L8R

(48,172 posts)
26. So does Trump get a board seat?
Sat Aug 23, 2025, 09:36 PM
Aug 23

Or does that go to one of his idiot children?

And what will happen to companies that choose not to use Intel chips?

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