I don’t want it, but a couple questions other than intel or ryzen who else builds this stuff? With that how can a company get in financial trouble when there’s only a handful of chip makers and it’s one of the most sought products in the world?

You don't think they already do this?

I'm guessing that you suck at chess. No offence of course. Most people stick with playing checkers.

Maybe, but it seems the stock market isn't his priority ,now does it!

I was able to dump a few remaining shares i had overlooked when I got rid of the majority in a different account a while back. They had been down since I sold and im was glad I was finally ahead on it again and got ride of them. Even made $15. Just a few more trades like that and I can retire early

While most of us don't want government involved/owning any part of private business, it's been happening for decades. Postal service, railroads, banking, GM, and Chrysler, US Steel and now Intel to name a few. Whenever a critical company/industry is to important to fail.

TSM is the biggie as far as manufacturing goes. It is considered a semiconductor foundry. They operate 2 plants here in the US as well as plants in Taiwan, Japan, and Germany. As their name implies, they are a Taiwanese company, but many of the largest shareholders are American companies. They produce chips for Apple, Nvidia, Broadcom, Qualcomm, AMD, ARM, and interestingly enough, even Intel themselves.

So basically, fabless semiconductor companies such as Nvidia and Apple... design their own chips but do not manufacture them, instead outsourcing the fabrication to a company such as TSM. Simply, Intel is in trouble financially because they cannot compete with TSM. Their foray into running semiconductor foundries failed so epically that they had to resort to outsourcing the production of their own chips to TSM. Also of interest, TSM does NOT design chips. They only produce chips designed by others.

In addition to being unable to compete with TSM technologically, Intel has also been unable to keep up in chip design with companies such as Nvidia and AMD, whose AI chips are far more advanced than anything Intel produces.

So, Intel both designs and manufactures chips... but they do not do either nearly as well as their competitors do.

It's not really surprising that the stock would rally on this news, is it? The rumor of a struggling company getting an injection of Uncle Sam's money (which came just days after the announcement of SoftBank's $2 bil investment into INTC), coupled with the idea that that government meddling could lead to pressure on companies such as NVDA and Apple to use INTC as their foundry instead of TSM... it would have been more surprising if the stock hadn't rallied on the news. Personally, I don't think the rally for INTC will be long-lived. But then.... I also don't think the rally was the result of congressmen buying up all the stock.

It's akin to a pump and dump scheme. Read up on how those work and you'll see it.

Sooner give them the money with no return?

Thought you are against freeloaders B.C.?

Smart business in this situation. Too big to fail? Yes , our national security depends on this new technology. This is no different than any other industry we support that our defense relies on with the exception that our investment in them will give us a return. (Hopefully) lol

Actually, Hippie? Yes. If we feel the production of chips by a U.S. based company is that vitally important that we need to fund them via government grants... then yes.. give them the grants... don't take ownership in the company... that's literally socialism.

Could someone give some definitions of what the difference is between communism and socialism ?

I am for sure against freeloaders. And, socialism. I am also especially against Trump, his family and his cronies manipulating the stock market for their own personal gain--which is happening. Same for crypto market.

They were forced into crypto when banks were told to defund conservatives. look it up.

https://www.foxbusiness.com/media/b...mins-pressured-them-debank-conservatives
Enriching themselves how?

I realize its hopeless talking to someone as envious as you are of Trump, so bye.

It's only wrong when Democrats do it.

Blaine, frankly, your condescension is getting a bit worn and tired out. Maybe find a strategy for disagreeing with my opinion that doesn't involve trying to convince yourself that your intelligence is superior to mine. I know what pump and dump schemes are. I just feel this is more of a case of buying the rumor. The market is incredibly reactive to every news blurb that comes out these days, well, at least those that show any sign of positivity... and if you followed the market every day as I do, you would know that. Rumor comes out that a struggling tech company is gonna get a big old boost of government cheese, and the market reacts. But, the company has no real and clear prospects, so even with an influx of government cash, and SoftBank's stake.. I don't see INTC soaring to new heights.

And as I said last night, I figured the rally would be short-lived and it was, INTC has given up most of its gains from yesterday today. Which will undoubtedly convince you that you were right and that the rally was congressmen lining their pockets before selling off today and not just a market reaction to a news article. In a few weeks, Chancey will be back, maybe you and he can compare notes on how the Jews in congress are fleecing the public via insider trading and pump and dump schemes, LOL.

Sounds like communism, definition pulled straight from the dictionary.

LOL Goose... because the other party never does anything like that?

Pretty sure it sounds more like socialism.

Socialism allows for personal property and some private enterprise, focusing on collective ownership of major industries and resources.

Communism advocates for the abolition of all private property, with all means of production owned collectively by the community or the state.

Of course the other party does it. But both sides seem to think it's okay when their side does it, and it's only a problem when the other guy is doing it. When it's their guy, it's always a whataboutism....."oh yeah? What about when the other party does it?" As if that makes it okay.

Regarding the definition, that's straight out of Merriam-Webster's dictionary. Either way.....socialism or communism.....it sucks and doesn't belong in the USA.

If semiconductor manufacturing in the United States is a matter of national security, which I believe it is, it's not unusual for the U.S. government to own a company that produces such security-critical items. A good example of this is the Lake City Army Ammunition Plant in Independence, Missouri. They are owned by the government (U.S. Army) and contractor-operated through Winchester Ammunition. As most of us know, they produce ammunition for the military and also sell to the public.

There are all sorts of these examples both fully or partially owned by the U.S. government: FDIC, Amtrak, USPS, TVA, and so on. Most of these corporations are financial institutions in some form or another.