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Re:U.S. government takes 10% stake in Intel by linguae on Friday August 22, 2025 @05:40PM (#44990162)
The only charitable answer I could give is national security reasons for having domestic chip production, and even that could be accomplished in ways that don’t require the federal government having an ownership stake in Intel. For example, I don’t think the federal government has ownership stakes in Lockheed Martin and Northrop Grumman, despite those companies’ dependence on the military.
Re:U.S. government takes 10% stake in Intel by Spooky23 on Friday August 22, 2025 @06:27PM (#44990651)
There’s a legal precedent that’s no doubt being abused. The Lima tank factory and Watervliet arsenal, for example are owned by the US government.