News U.S. gov't mulls taking a stake in Intel to speed up Ohio campus fab build out

No no no! $37 trillion dollars in debt. We don't have money for this. Americans will not see one penny return on investment. No more corporate welfare. How many millions did Pat Gelsinger get when he was sent packing? How many millions is LBT getting now? I shouldn't have to fund these CEOs bad decisions.
 
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This sort of investment makes sense if it's tied into firm requirements. Building additional fabs is important, but at the country level they're only important if Intel continues node advancement. Without node advancement it's effectively just an interest free cash injection for additional capacity.

TSMC was built on the back of national investment and has continued to get beneficial treatment. Rapidus in Japan would be nowhere without the heavy government backing. This is the reality of bleeding edge manufacturing and if having home grown technology is important to the country it's necessary.
 
This sort of investment makes sense if it's tied into firm requirements. Building additional fabs is important, but at the country level they're only important if Intel continues node advancement. Without node advancement it's effectively just an interest free cash injection for additional capacity.

TSMC was built on the back of national investment and has continued to get beneficial treatment. Rapidus in Japan would be nowhere without the heavy government backing. This is the reality of bleeding edge manufacturing and if having home grown technology is important to the country it's necessary.

that's pretty much what i am thinking as well. another fab pumping out tired old tech really does not do anything. they let their RnD lapse and got complacent while AMD worked hard to innovate. now Intel is reaping the results of sitting on their thumbs for a decade. a million more power hungry inferior cpu's flooding the market is not going to change their situation.

the only thing i don't believe we'll ever know is whose fault that is. the CEO of course gets the blame but in the end we do know that the CEO is simply employed to milk as much cash as possible for the shareholders. most often to the detriment of the company itself. so it's possible the shareholders caused it since the money was flowing for a long time with little competition. they likely demanded the money rather than letting it be used for the long term benefit of the company.

but that's just my guess.
 
I feel that Intel has gotten way too much tax payer funding and delivered nothing of value. In fact they laid off thousands of employees weeks after receiving $8.5 Billion in U.S. funds. They are expected to get $11 Billion in loans also under the "Chips Act".

Adapting the Chinese model of controlling corporate actions via partial company ownership isn't a good Biz model nor political strategy IMNHO. With Intel's history of FTC anti-trust violations there is no reason for tax payers to continue to fund Intel's failed Biz model.
 
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I agree with thesrtryker's point of tying investments to the continuation of node advancement. Especially at this point when Intel already has one foot in the door for that.
The country already pays for many less fruitful scientific pursuits.
 
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This sort of investment makes sense if it's tied into firm requirements. Building additional fabs is important, but at the country level they're only important if Intel continues node advancement. Without node advancement it's effectively just an interest free cash injection for additional capacity.

TSMC was built on the back of national investment and has continued to get beneficial treatment. Rapidus in Japan would be nowhere without the heavy government backing. This is the reality of bleeding edge manufacturing and if having home grown technology is important to the country it's necessary.
Excactly. China's government has dumped well over a $100 billion dollars into their chip building industry. Taiwan has forbidden TSMC AZ from making the latest process nodes. In fact, TSMC AZ is going to be making 3nm finally in 2027, 5 years behind their Taiwan fab.
 
Hopefully, you now understand why "private" is always "better." Your money, the public's, is used to enrich those who are already rich, like Intel, Apple, Microsoft, IBM, etc.

And what do you get in return? "Debts," "deficits," "crises"—political tool words that come from the "private" and take money from the public, the people, to give it to the rich, the "private."

Oh, of course, it's for "national security," and Trump is truly a most honest person.
And what about all those who support him, all rich, of course, all in the "private."

All paying nothing, having access to "private" healthcare and education, which you pay for but don't have access to. Rich people living in peace, in castles, always paid for by the public, eating not at McDonald's like you, but having chefs who cook for them, always paid for by you.

And you will continue to vote for these people. It must be said that this is the only choice left: the rich in elections. This is what we, the rich, call "democracy." But it has nothing to do with it; it's pure capitalism.

Politicians aren't there for the people. They're there to enrich themselves, to enrich their friends, rich like them or even richer, and to do everything possible to ensure that everything public disappears.

Since the media are all owned by the rich, they use the most powerful weapon ever invented, propaganda, to say that the "private" sector is wonderful, and that the public sector is bad and must disappear.

Don't ask yourself why billions—yours, the public sector's—are invested in the “private” sector. There's no profit (from theft) to be made. Why give billions to the "private" sector and receive nothing in return but debt?

Why not have public chip factories? At least the "profits" would go into the pockets of the people, and there would be no more debt, deficits, or crises.

But what would politicians and the rich (so “private” side) do without public money?

The "Intel story" is nothing but a circus, nothing but lies, to once again steal from the people and give their money to the "private sector," and therefore to the rich. And of course, media, like this one, own by rich, saying how it is wonderful!

We understand why Trump doesn't hesitate, because he has spent his life stealing from others, like all self-respecting rich people.

The "private sector" doesn't create jobs; it steals people's money to enrich the rich.

Capitalism means taking $100, leaving $1 to the people, and $99 to the rich, the "private sector."

Capitalism means taking a territory belonging to the people and saying that now it belongs to the rich. Capitalism means taking the natural resources of a territory, belonging to the population, and giving them to the rich, the "private."

As for "communism," it never existed, does not exist, and never will. As long as humans live, the capitalist will be king and money the god of all humans.

Zero money for the public, trillions and more for the "private".
What is "democraty" !!!
 
"free college and healthcare? How will we pay for it?!" - them

[mulls investing a crapload of $ into a public company that made bad choices and is need of insane help] "lets give em a boat load of money o ntop of the $ already given to em that hasnt had any payout yet!" -also them
 
The U.S. government is considering a plan to purchase a stake in Intel
Yeah, as if intel would sell off any stake to the gov, what do they think they are AMD?! AMD is the one that throws away parts of their company (in stocks) left and right to do mergers or just to pay employees.

Intel is the one that does stock buy backs any chance they have.
 
Man, the $100 billion number in this report is nuts.

This figure alone surpasses the total amount of government funding China has invested in supporting its entire domestic semiconductor industry since the trade war started.
 
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Man, the $100 billion number in this report is nuts.

This figure alone surpasses the total amount of government funding China has invested in supporting its entire domestic semiconductor industry since the trade war started.
The $100 bil is the total cost which is stretched over multiple years.
Also it is for the total of all intel FABs they planned to build.
Ohio is only $28bil of that.
Clickbait's gonna baitclicks.
Intel’s greenfield investment of more than $28 billion to build two new leading-edge fabs in Ohio
https://www.intel.com/content/www/us/en/corporate/usa-chipmaking/home.html
Intel expects to invest more than $100 billion in the U.S. to expand our manufacturing capacity and capabilities in Arizona, New Mexico, Oregon, and Ohio.
 
When money is spent on intel though, there has to be some sort of control over the spending, it can't go to stock repurchases or bonuses and must be spent on the intended purpose and there must be results and there needs to be accountability. That probably isn't going to happen, but at least some of the money will/might get spent on the right things?
 
Hm... What happens with Countries that also depend on Intel and don't have a rosey relationship with the USA? If I'm not mistaken, that is precisely the reason why the USA has banned several Chinese companies, no?

That would basically make Intel a no-go for several industries outside the USA, me thinks? Perhaps not as much of an issue?

A Gov't/Country having a stake in any corporation is not a big deal, unless they're related to strategic supply chains. So I wonder on how many of those Intel is right now for other Countries.

Regards.
 
that's pretty much what i am thinking as well. another fab pumping out tired old tech really does not do anything. they let their RnD lapse and got complacent while AMD worked hard to innovate. now Intel is reaping the results of sitting on their thumbs for a decade. a million more power hungry inferior cpu's flooding the market is not going to change their situation.
AMD spun off their manufacturing arm long ago to prevent it from bankrupting the company. GloFo has since bailed on leading edge manufacturing and isn't a major player on the global market any more. AMD didn't innovate anything on the manufacturing side, they bailed out. This potential investment from the gov't is aimed at preventing Intel from copying AMD not pushing them in that direction. What AMD did is absolutely not what we want Intel to do.

Arrow lake is every bit as efficient as Zen5. Let's try to stay current here. The problem with Intel's previous generations wasn't the architecture, it was using inferior nodes compared to what AMD was buying from TSMC. Again, that's what this investment is designed to fix. Help Intel continue to produce leading edge and competitive nodes which will bring down power usage.,
 
The problem with Intel's previous generations wasn't the architecture, it was using inferior nodes compared to what AMD was buying from TSMC.
No it really wasn't. It was all the reviewers forcing mobos to use unlimited power while also not using this additional power to make the cpu clock higher.
And they still do it today, even after all of this time of intel telling us to use stock/default settings reviews show intel CPUs with 300W+ calling it out of the box.