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.

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 ?