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UncleOxidant 3 days ago

I think it would've been much better to incentivize the likes of Apple and Nvidia to make investments in Intel. They need to have their designs fabbed, they have a good amount of geopolitical risk. They also have a lot of money on hand. Didn't Apple say they were going to invest $600B into the US? (not that that's really going to happen), ok, so why not put $50B into Intel?

electriclove 3 days ago | parent [-]

Because that is not a good use of Apple’s $50B.

mensetmanusman 2 days ago | parent [-]

Their dragon’s hoard of cash is only being used for financial engineering.

Their finance team axed a meager $10B dollar investment to improve Siri thereby making Apple the laughing stock of the tech industry players who say they are working on AI.

electriclove 2 days ago | parent [-]

Oh, Apple definitely has problems but putting $50B into Intel doesn’t sound like a good idea.