Thread regarding Intel Corp. layoffs

How much equity are TSMC, Samsung, and Micron giving up in exchange for CHIPS grants?

None, because they don't have a compromised CEO who gave up 10% of the company to keep his job.


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| 1381 views | | 6 replies (last August 23) | Reply
Post ID: @OP+1k3a6d7me

6 replies (most recent on top)

DJT will coerce them to buy into the spun off IFS, so that is where their Chimps Act money will end up.

It's good to be king.

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Post ID: @ea+1k3a6d7me

@d3 you got one part right… any money given to Intel will just be wasted. It long overdue for the break up and sell off. The new owners can clean house on the legacy Intel employees and operating practices. Bring in new leadership and rebuild the technical teams. Anybody who clings to legacy Intel methods needs to be replaced. start over, Intel is done.

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Post ID: @e9+1k3a6d7me

@d3 it's amazing how naive they all are about the capex involved. Even the executives and the bean counters who should know better.

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Post ID: @d4+1k3a6d7me

The government is 100% correct in asking for a stake in return for the chips act funds.

If the administration truly wants to claim that Intel is a national security concern and save the company, they would pony up much more than the paltry chips act funds that have been allocated. Intel probably needs 5X to 10X what they’ve promised. Otherwise, it’s all just wasted money.

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Post ID: @d3+1k3a6d7me

The government is 100% correct in asking for a stake in return for the chips act funds. Intel is a far bigger risk than any of the other recipients. Right now giving money to Intel is the equivalent to shredding or burning it. You will get no value in return. This isn't true of the other companies mentioned.

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Post ID: @cw+1k3a6d7me

Zero, because they have leverage and don’t need the money like Intel does

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Post ID: @a1+1k3a6d7me

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