This is not about an arbitrary thesis, but about FACTS!
As I’ve already shown, Intel was ONLY buying back when they actually had profits.
And buying back stock is NOT a gift to stockholders.
The CHIPS thing is a strategic political decision, you originally claimed was many times more than it actually is.
Obviously you are so stuck in your prejudiced opinions based on speculation and false information, that you don’t care even when you find you had the facts wrong.
The CHIPS agreement is not a gift, but a 2 way agreement that requires Intel to make heavy investments inside USA, and the money haven’t been paid out yet, except for an initial amount that is only a fraction of the total agreement.
It’s not like the Biden administration just throws free money at companies as you seem to think.
Now Trump may decide to do just that, because he is corrupt as hell. But that will be another debate.
You have no idea who you are talking to. I’m a social democrat from Denmark, except a bit to the left of that. But communism doesn’t work, regulated capitalism does.
Many things suck in USA, but CHIPS and helping Intel is a long way away from where the real problems are.
Intel is just a portion of the CHIPS Act funding and they’re the largest fab in the US. Why wouldn’t they be included in it when the whole point is to generate more domestic manufacturing rather than “trying to pick winners and losers?” Even TSMC got some of the money, and they’re already dominating the market, which arguably makes even less sense to award them taxpayer dollars.
deleted by creator
Oh please…
deleted by creator
This is not about an arbitrary thesis, but about FACTS!
As I’ve already shown, Intel was ONLY buying back when they actually had profits.
And buying back stock is NOT a gift to stockholders.
The CHIPS thing is a strategic political decision, you originally claimed was many times more than it actually is.
Obviously you are so stuck in your prejudiced opinions based on speculation and false information, that you don’t care even when you find you had the facts wrong.
The CHIPS agreement is not a gift, but a 2 way agreement that requires Intel to make heavy investments inside USA, and the money haven’t been paid out yet, except for an initial amount that is only a fraction of the total agreement.
It’s not like the Biden administration just throws free money at companies as you seem to think.
Now Trump may decide to do just that, because he is corrupt as hell. But that will be another debate.
deleted by creator
No I don’t generally like share buybacks.
Those are the rules we are working under. If you don’t like the rules, that’s another debate.
But that would void the entire agreement, making your entire claim nothing but fluff and hot air.
OK, so who can be trusted more? A 100% government controlled system, like the one that crashed the Soviet Union?
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You have no idea who you are talking to. I’m a social democrat from Denmark, except a bit to the left of that. But communism doesn’t work, regulated capitalism does.
Many things suck in USA, but CHIPS and helping Intel is a long way away from where the real problems are.
deleted by creator
Intel is just a portion of the CHIPS Act funding and they’re the largest fab in the US. Why wouldn’t they be included in it when the whole point is to generate more domestic manufacturing rather than “trying to pick winners and losers?” Even TSMC got some of the money, and they’re already dominating the market, which arguably makes even less sense to award them taxpayer dollars.
deleted by creator