News Article: US Eyeing Buying a Stake in Intel

[jthomas666]

I really don't know what to think about this one. It's a dicey move, particularly as other chip companies compete with Intel for US contracts.

At the same time, given the increasing role of processing chips in cyber security, maybe the US needs a closer hand on things? Is it necessary to keep up with China?

Intel shares jump after report of possible US stake in company

The reports emerged a day after a meeting between the Intel boss and Donald Trump.

www.bbc.com

Shares in Intel jumped by more than 7% on Thursday, following reports that the Trump administration is in talks to take a stake in the chipmaker.

The reported deal would support the technology firm's plans to build a manufacturing hub in Ohio, according to Bloomberg, which said the size of the potential stake is not clear.

White House spokesman Kush Desai said "discussion about hypothetical deals should be regarded as speculation unless officially announced by the administration."

 

[4Q Basket Case]

I have no problem whatsoever with the US government establishing a chip-making capability. It really is a matter of national security.

I have a big problem with the US government buying a stake in a private company, regardless of the nature of that company. They could make computer chips or provide janitorial services. I don't care.

Regardless of the nature of the company, and whether you're a mutual fund manager riding herd on tens of billions of dollars or Joe Schmo individual looking to invest IRA funds, do you really want the US government holding sway over your investment? Far too many political agendas in play.

Worse, they change with the change in control of the White House and/or Congress. Over the course of a business cycle, they're totally unpredictable even if you have a sane, consistent and predictable occupant of the White House. Which we don't.

Build the capability or contract with the private sector. Don't buy into the private sector with taxpayer funds.

 

[UAH]

We could debate for quite a period of time no doubt whether Intel represents any type of worthy investment in the future of AI chips. I am not a technologist by any means but am amazed at what the Chinese and Huawei have accomplished with all of the dollars that we have sent to China over the last 20 years or so. If any chip company has anything to offer in US AI systems over the next decade I suspect it would be Nvidia or Taiwai Semiconductor. I believe that we have ourselves in a pretty deep hole in several critical areas including power generation and actual implementation of AI systems to enable automated manufacturing, driverless vehicles in mining and other critical enterprises. That doesn't sound a lot like the Intel I know.

 

[crimsonaudio]

We could debate for quite a period of time no doubt whether Intel represents any type of worthy investment in the future of AI chips. I am not a technologist by any means but am amazed at what the Chinese and Huawei have accomplished with all of the dollars that we have sent to China over the last 20 years or so. If any chip company has anything to offer in US AI systems over the next decade I suspect it would be Nvidia or Taiwai Semiconductor. I believe that we have ourselves in a pretty deep hole in several critical areas including power generation and actual implementation of AI systems to enable automated manufacturing, driverless vehicles in mining and other critical enterprises. That doesn't sound a lot like the Intel I know.

I listen to a ton of tech podcasts (typically 90+ minutes every AM on my rucks) and the general consensus is we're ahead of China wrt Ai development but lag far behind on power infrastructure. If we can bring nuclear energy back quickly (which we're working towards) we can keep up. But we have to be aggressive.

 

[Isaiah 63:1]

Tell me again exactly how Trump is a Republican on economic matters? This might be the worst Republican idea since the TSA…

 

[CrimsonJazz]

Tell me again exactly how Trump is a Republican on economic matters? This might be the worst Republican idea since the TSA…

He’s not and never has been. His spending patterns bear this out. Nevertheless, this should underscore just how horrible the Republican Party has been for decades. The only thing holding Dems back is their insistence on taking stupid positions on…..well, everything now. Both parties are engaged in a race to the bottom and yes, Dems hold a solid lead, but a divided Republican Party between the evil neocons and MAGA hopefuls will keep the Reps in the race for a bit.

 

[jthomas666]

Tell me again exactly how Trump is a Republican on economic matters? This might be the worst Republican idea since the TSA…

Ideologically, Trump is for whatever he thinks will benefit him personally. Nothing else.

 

[92tide]

Ideologically, Trump is for whatever he thinks will benefit him personally. Nothing else.

republicans seem to be fully on board with this.

he defines what is a republican now