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AZ8theist

(6,867 posts) Fri Aug 22, 2025, 05:25 PM Aug 22

Intel announces $8.9 billion investment from US government, which will own 9.9% of chipmaker [View all]

Source: Yahoo Finance

The US government has taken an $8.9 billion, 9.9% stake in Intel (INTC), buying 433.3 million shares in the chipmaker at a price of $20.47 per share.

The government’s investment in Intel will be passive ownership, with no Board representation or other governance or information rights, Intel said in a statement. Intel said the government also agreed to vote with the company's Board of Directors.

Read more: https://finance.yahoo.com/news/intel-announces-89-billion-investment-from-us-government-which-will-own-99-of-chipmaker-180452175.html

Wait! I thought Republicans screeched at the government "picking individual companies" to invest in??

I guess that only applies to a Democratic administration.

27 replies

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Highlight:

Intel announces $8.9 billion investment from US government, which will own 9.9% of chipmaker [View all] AZ8theist Aug 22 OP

The government taking over corporations? Fascism is fine with these folks. SeattleVet Aug 22 #1

I have to say that Wolin's markodochartaigh Aug 22 #4

I wasn't aware that the Feds invest. Obama's GM was too I guess. underpants Aug 22 #8

One of the dictionaries popsdenver Saturday #19

Yeah Citizens United was a big deal jfz9580m Saturday #22

Thanks JFZ popsdenver Sunday #27

Frank Wilhoit: markodochartaigh Aug 22 #2

I'd never heard that. Very interesting. underpants Aug 22 #5

Great one popsdenver Saturday #20

Normal stuff Prairie Gates Aug 22 #3

Isn't government ownership of the means of production the definition of socialism? surfered Aug 22 #6

The Soviet Union had elements of a socialist economy. markodochartaigh Aug 22 #9

AND popsdenver Saturday #21

It's actually more of an integral part of true Fascism which is basically the merging of the Autocracy and Monopolies Cheezoholic Aug 22 #18

republicans used to believe the govt should not pick winners and losers nt msongs Aug 22 #7

Haha markodochartaigh Aug 22 #11

Leonard Leo and his bankers. rubbersole Aug 22 #16

I thought the Chips Act was to give a $4.5 billion loan to Intel bucolic_frolic Aug 22 #10

state owned sabbat hunter Aug 22 #12

So when are there going to be.......... I don't know oligarch's being pushed out of high rise windows........... turbinetree Aug 22 #13

Intel was building a chip plant near Columbus OH Blue Full Moon Aug 22 #14

Social media from tRump Blue Full Moon Aug 22 #15

So how do we regulate a company we own stock in? Wonder Why Aug 22 #17

So does this mean that Intel is going to bust the Tripp Lite/Starlink vote hacking scheme to pay us back? IthinkThereforeIAM Saturday #23

Military Industrial Complex. Marcuse Saturday #24

Didn't Trump just say this cost the taxpayers nothing? Bluetus Saturday #25

So does Trump get a board seat? C_U_L8R Saturday #26