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A comment on US Intel. Parent comment

Re:US Intel by dfxm12 on Tuesday August 26, 2025 @01:00PM (#45029278)
It is clear that the government and wall street are generally of one mind on this. One recent specific way the government contributed to this is via the Tax Cuts and Jobs Act (TCJA) of 2017, which increased tax burden of R&D. They've also cut a lot of their own research funding (NIH, NSF).

I can't make the argument that the government is "hands off, small government" because I simply don't see the evidence of that. To the contrary, I have seen things like TARP, stimulus checks, oh, and the government buying 10% of Intel.

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Re:US Intel by lovich on Tuesday August 26, 2025 @04:02PM (#45031629)
Taking 10% of Intel. Intel was already supposed to get this money and then retroactively were told to give up 10% for it
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Re:US Intel by pests on Tuesday August 26, 2025 @05:33PM (#45032585)
FWIW, in exchange for less restrictions on what they do with the money and less strict clawback terms.
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Re:US Intel by lovich on Tuesday August 26, 2025 @11:01PM (#45034999)
I don’t believe that, I believe it was in exchange for not pressuring the CEO to step down any further.

This looks like an incredibly corrupt action.

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Re:US Intel by osnium123 on Friday August 29, 2025 @11:40PM (#45071724)
Yes, Intel won’t have to build out their fabs as aggressively to get the money now.
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Re:US Intel by hobs on Tuesday August 26, 2025 @01:12PM (#45029471)
The only people arguing against big government are republicans when democrats are in power, otherwise everyone is happy to expand spending.
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Re:US Intel by macintux on Tuesday August 26, 2025 @01:16PM (#45029513)
Now that we have lawmakers openly declaring they would pick capitalism over democracy if forced to choose, I have little hope that the government will be receptive to changing anything structural.
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