I agree, and I think the government’s incentive might also be a having strategic production capability in the US. Maybe they’re concerned about TSMC’s future with the tension between China and Taiwan?

▲

bamboozled 2 days ago | parent [-]

That's all fine, but this is definitely heading into socialist territory. I guess they're out of ideas and this is how they incentivize. The free markets have failed?

▲

deprave 2 days ago | parent [-]

My hypothesis is that this is government response (own stake in Intel) to another government’s action (hint take over of Taiwan) and as such is outside the free market. But I have no evidence to support it, it’s just an opinion and it could be that they view Intel as “too big to fail” or something like that as you suggest.

	▲	bamboozled 2 days ago \| parent [-]
		Well I guess tariffs were supposed to fix all this? What happened to the CHIPS act? I really wonder how 10% stake in Intel will fix anything practical ?