I guess trying to get the big money to pay their fair share of taxes would be considered socialism by a few on here ? After all, they employ lots of people and they let the money trickle down and thus make the world go round.

At this point in time,,,,,,In this case(Intel),,, giving them a tax break

Instead of “free” money, or taking a stake in the business would of been the route to go

But it’s to late for that,,

Taking a stake, and hopefully pawning it off on someone else(buffet like) later down the road would be the lesser of all evils. Hopefully regroup some of the money

No matter what happens, it’s a crappy deal

I would definitely not be buying any intel

In the small business world I grew up in if one didn't pay their bills and taxes he was sold out at the North door of the court house and let someone who would pay their bills give it a try.

Why give them grants or take a stake... versus just letting them fail?

I'm guessing our defense dept. relies on chips.

My guess is it has to do with the promise of building a huge facility in Ohio,,,vs letting them fail

Yeah... cutting edge chips like the ones made by Nvidia.

Maybe the question isn't, do we want government meddling in the chip manufacturing?, but which government do we want meddling in chip manufacturing?

Could be, I'm guessing.

When it comes to our defense, we usually no nothing of what's going on until they want us to.

There's A lot of maneuvering going on in this sector.

I"d like to hear what the Trump blamers would do if they were in charge

I would let Intel go bankrupt and direct any CHIP grant money to companies capable of producing the quality of chips that we need.

3 billion contract by Biden, then another 8 billion under the chips act is how I see it.

My guess was right about home grown chips for the military.


https://www.defense.gov/News/Releas...erce-joint-statement-announcement-in-su/