Discussion

• @peark.es George Pearkes on bluesky

  Oh man I did not realize SoftBank had just done a $2bn private placement at $23/share this week.  That's now presumably been diluted by 10% and at a lower per-share price.  Unbelievable.  Maybe Masayoshi Son really is the worst of all time.  [embedded post]

• @rmfifthcircuit Raffi Melkonian on bluesky

  Look, this intel press release makes no sense to me at all.  —  Questions I have:  —  1) why would they sell shares at a discount?  How is that ok?  —  2) how can the United States be a passive shareholder with no governance rights?  —  3) when is the transaction taking place? …

• @ncweaver.skerry-tech.com Nicholas Weaver on bluesky

  OK, here's what the Intel deal looks like:  —  Intel was supposed to receive another $6B from the CHIPS act, and $3B for secure enclaves, and already got $2B.  So a gratuitous amount of corporate welfare.  —  This is Intel going “OK, we'll convert that $11B into dilutive stock” …

• @bjmquinn Brian JM Quinn on bluesky

  Common stock?  Passive?  Does anyone believe that?  Oh, I'm assuming no HSR approval required.  Obvi.  But when 🍊🤡 starts to hoover up 10% of the rest of the US chip makers, what then?  It'll be one big orange cartel...  www.intc.com/news-events/...

• @quantian @quantian on bluesky

  So the “deal” here is basically that Trump threatened to withhold the CHIPS act grants that were approved but not yet distributed until Intel issued him 10% of the equity? [image]

• @repthomasmassie Thomas Massie on x

  Our government should not have ownership in private companies. There are so many specific problems with an arrangement like this, but fundamentally, this is not who we are as a country.

• @iancutress @iancutress on x

  Here we go. US Government to purchase 9.9% of new issuance stock of @Intel $INTC. This is Chips Act money converted to equity. $2.2b already paid, +$8.9b means $11.1b total. 433.3m primary shares at $20.47/share. This will be a non-voting position. https://www.intc.com/... [image…

• r/NVDA_Stock r on reddit

  Intel and Trump Administration Reach Historic Agreement to Accelerate American Technology and Manufacturing Leadership

• r/intelstock r on reddit

  Intel and Trump Administration Reach Historic Agreement to Accelerate American Technology and Manufacturing Leadership

• r/intel r on reddit

  Trump says the US is taking a 10 percent stake in Intel

• Associated Press Associated Press on x

  Trump Says Intel Agreed to Give US a Stake in Its Company

• @jenlucpiquant Jennifer Ouellette on bluesky

  Trump says US will take 10% stake in Intel because CEO wants to “keep his job” arstechnica.com/tech-policy/ ...

• @gritsforbreakfast @gritsforbreakfast on bluesky

  Where are all the complaints about socialism we hear re: Mamdani when the president starts using taxpayer money to buy stakes in companies without Congressional approval?  This is literal, definitional socialism — state ownership of the means of production — so where's the right …

• @devilstower Mark Sumner on bluesky

  How are you liking your conservative pro-business small government leader, Republicans?

• @davidaugust David August on bluesky

  Administration's conversion of CHIPS Act grants into an equity stake in Intel is unlawful and an abuse of executive authority, on the face of it.  —  @duckworth.senate.gov @durbin.senate.gov @schakowsky.house.gov you rep me, I fully support you using _all means_ to force potus to…

• @jeffyguy Jeff E. Guy on bluesky

  Had Obama bought a stake in a company on behalf of the United States government, do you think conservatives would have been cool with that?

• @jennannemiller @jennannemiller on bluesky

  Um, squze-me??  Free market say whaaa?!?  —  🍊💩🤡 “says Intel agreed to give the US a stake in its company.”  —  OP: www.threads.com/@apnews/post...  “The U.S. government is getting the stake through the conversion of $11.1 billion in previously issued funds and pledges.” apnews.c…

• @ladeziree Désirée Zamorano on bluesky

  This NATIONALIZING of private companies is SO SOCIALIST  —  www.nytimes.com/2025/08/22/t...

• @jennifertaub.com Jen Taub on bluesky

  Golly gee.  What will the Business Roundtable say about free markets now, when Donald Trump semi-nationalized a giant US company.  He shook them down so the US could hold 10 percent.  —  www.nytimes.com/2025/08/22/t...  [image]

• @maxkennerly Max Kennerly on bluesky

  “The United States paid nothing for these Shares” is an interesting way of describing “the U.S. released $8.9B in CHIPS funding intended for Intel in exchange for $8.9B in stock.”  —  Perhaps Congress could've demanded shares for CHIPS money, but POTUS adding this ad hoc is simpl…

• @scottjshapiro Scott Shapiro on bluesky

  The President of the United States is a gangster shaking down anyone who won't pay up [image]

• @originalsp.in Jeff Yang on bluesky

  So weird how the folks freaking about “socialism” are just totally okay with government market controls and state ownership of corporations when Republicans are the ones doing it  —  www.cnbc.com/2025/08/22/i...

• @bob-nc @bob-nc on bluesky

  All hail socialism!  —  WTF

• @wittywebhandle Blaise Ulysse Bernard Collins on bluesky

  I'm old enough to remember when the Gov't buying stock in a failing company on the periphery of a bubble about to pop was considered a ‘Bailout’.

• @bmsimp Brian Simpson on bluesky

  Government owned business sure is weird capitalism [embedded post]

• @gtjr @gtjr on bluesky

  This is literally socialism: the government ownership of the production of goods or services.

• @jeffjarvis@mastodon.social Jeff Jarvis on mastodon

  Intel is not *selling* equity to the US.  It was going to get the money anyway from Biden.  Trump demanded this *bribe* in return.  Another #BrokenTimes headline parrots Trump's framing.  —  Intel Agrees to Sell U.S. a 10% Stake in Its Business https://www.nytimes.com/...

• @harrymccracken@mastodon.social Harry McCracken on mastodon

  Bizarre and sad; in a sense, the end of Intel.  What would Andy Grove and Bob Noyce think?  What other companies will Trump demand a stake in? https://www.wsj.com/...

• @howardlutnick Howard Lutnick on x

  BIG NEWS: The United States of America now owns 10% of Intel, one of our great American technology companies.  This historic agreement strengthens U.S. leadership in semiconductors, which will both grow our economy and help secure America's technological edge.  Thanks to Intel CE…

• @atrupar Aaron Rupar on x

  Chairman Mao touts his state-run economy [image]

• @denver4va Denver Lee Riggleman III on x

  This is state-owned means of production. Against everything a Reagan or Buckley conservative would rail against. So, does Intel get tax breaks and tariff breaks other companies don't? Do taxpayers get dividends? Who benefited? Who bought stock right before the announcement? Is

• @madrid_mike Mike Madrid on x

  What's it called when the government owns the means of production?

• @charlescwcooke Charles C. W. Cooke on x

  Preposterous move. If Obama had done this, so many of the people defending it would have correctly condemned it as overreach and interference and “picking winners and losers.”

• @danieldimartino Daniel Di Martino on x

  I hate to say it but this is also a step towards socialism. The government owning a business, partially or wholly, is never a good idea in any nation.

• @govpressoffice @govpressoffice on x

  ALL HAIL CHAIRMAN TRUMP! WITH HIS GLORIOUS 10% PURCHASE OF INTEL, THE SOCIALIST REPUBLIC OF AMERICA ENTERS A BOLD NEW ERA OF GOVERNMENT-RUN BUSINESS. [image]

• @danielnewmanuv Daniel Newman on x

  Funny to see some of the same people that cheered about ‘Chips Act Grants’ losing their minds about the government investing in $INTC. So giving the company money with largely no strings is ok? 🙄 But having the potential to get the money back by having non-voting shares

• @esrtweet Eric S. Raymond on x

  No, this isn't true. I'm not a big fan of the US government owning a stake in Intel, but let's not forget that words actually mean things. Socialism is a specific set of ideologies about who should own things. All flavors of it are specifically and intentionally hostile to

• @juliaioffe Julia Ioffe on x

  Boy am I glad we didn't get socialism https://www.nytimes.com/...

• @goldman Jason Goldman on x

  It's a sovereign wealth fund wrapped in a protection racket.

• @patrickmoorhead Patrick Moorhead on x

  I'm not yet where other analysts are yet on a 100% Intel split between Foundry and Product Co. But what I CAN say is that Foundry, to succeed, must have an independent board who can make wafer and packaging allocations AND have a legal liability to keep foundry customer designs

• @matthew_d_green @matthew_d_green on x

  So the US government is going to grab a 10% stake in Intel and we're going to have discussions about “the left” and communism. Ok folks.

• @buccocapital @buccocapital on x

  Fuck it, back in Intel at $24.90. Trump is obviously gonna manipulate the shit out of this thing

• @semianalysis_ @semianalysis_ on x

  The USG investment in Intel is historic and unprecedented, but it is the first important step in the right direction. Intel is the ONLY domestic option, and today's partnership should hopefully kickstart one of the hardest issues Intel has had: attracting customers. Orders and

• @govpressoffice @govpressoffice on x

  DONALD TRUMP IS A SOCIALIST! — GCN [image]

• @jhweissmann Jordan Weissmann on x

  So what exactly is the conservative critique of Zohran Mamdani now that Trump is busy seizing the means of production?

• @rakeshsfnyc Rakesh Agrawal on x

  Extorting a company into giving you a 10% stake is a “major role.”

• @neoavatara Pradheep J. Shanker on x

  If you think Trump's actions with Intel make sense, then what is your possible opposition to the government taking over massive parts of health care? I mean, we spend far, far more in that sector. Why shouldn't the Federal government take ‘equity stakes’ there?

• @sullycnbc Brian Sullivan on x

  Trump ‘asking’ Intel to give 10% to the US Gov't in return for the Chips Act money. Not exact same as taxpayer taking stakes in GM or some big banks, but it does rhyme. So .. do we call it an Intel bailout or no? [image]

• @jillwinebanks @jillwinebanks on x

  Trump says Intel CEO agreed to give U.S. government $10 billion. Trump implies it's an equity stake. The irony of his criticism of Democratic-Socialists as communists when, if this is true, its actual government takeover of private industry.

• @scottlincicome Scott Lincicome on x

  A terrible decision bad for almost everyone. Six quick reasons why: 1. Bad for Intel's long-term viability, as politics, not commercial considerations, increasingly drive its decisions. (SOEs are notoriously slow, bloated, & unproductive.) Foreign govts might also target it.

• @michaeldweiss Michael Weiss on x

  Intel is now comms. [image]

• @scottlincicome Scott Lincicome on x

  P.S. If you don't see why the government becoming a large (the largest?) shareholder in Intel - and thus having a keen interest in its share price - is wildly different from (and worse than) a grant, contract, or tax break, I don't know what to tell you.

• @stanveuger Stan Veuger on x

  Amazing how much less of a freakout this has caused than Zohran's proposal for a few publicly owned grocery stores.

• @benbajarin Ben Bajarin on x

  Ok... On Intel...Fairly sure people are going to throw stuff at me for this, but hear me out. It's time to go full out to split the foundry. Build a manufacturing-focused board, go get Google, Amazon, Microsoft to invest since making their ARM CPUs at IFS makes a ton of sense.

• @spencerhakimian Spencer Hakimian on x

  “I said, ‘You know what? I think the United States should be given 10% of Intel.’” - Donald Trump Small government conservative. [video]

• @atrupar Aaron Rupar on x

  Trump on Intel boss: “He walked in wanting to keep his job and he ended up giving us $10 billion for the United States. We do a lot of deals like that. I'll do more of them.” [video]

• @nicksortor Nick Sortor on x

  🚨 BREAKING: President Trump announced the United States will be taking a 10% stake in chipmaker Intel, as part of a deal negotiated by Trump and Lutnick WOW! When asked why no other President did this, Trump said “because we were run by STUPID PEOPLE!” 🤣 [video]

• @atrupar Aaron Rupar on x

  Trump: “I said, ‘You know what? I think the United States should be given 10% of Intel.’” [video]

• @danrshafer Dan Shafer on x

  It's so funny to me that there are all these “free market” think tanks in Wisconsin and none of them have said a single goddamn thing about tariffs, or the federal government buying a stake in Intel, or any of the very much not free market things happening in the Trump admin.

• @danprimack Dan Primack on x

  Trump acknowledges that he called for Intel's CEO to resign because he read something written by Tom Cotton, not because he did any independent research.

• r/Fuckthealtright r on reddit

  It's here.  Full fascism.  Control of public and private companies by the state.  Different and worse than communism.

• r/AMD_Stock r on reddit

  U.S. Government takes 10% stake in Intel

• r/LibertarianUncensored r on reddit

  U.S. government takes 10% stake in Intel, as Trump expands control over private sector

• r/Sacramento r on reddit

  Intel Agrees to Sell U.S. a 10% Stake in Its Business

• r/oregon r on reddit

  Feds to take 10% stake in local tech firm

• r/politics r on reddit

  Trump says Intel agreed to give US a stake in its company

• r/Economics r on reddit

  U.S. takes 10% stake in Intel

• r/technology r on reddit

  US government to purchase 10% stake in Intel

• r/politics r on reddit

  Intel stock rises as Trump says chipmaker has agreed to sell stake to government

• r/politics r on reddit

  Trump says Intel has agreed to deal for US to take 10% equity stake

• r/hardware r on reddit

  Trump says Intel agreed to give US a stake in its company

• r/Conservative r on reddit

  Trump Says U.S. Will Take Nearly 10% Equity Stake in Intel

• @ahaberlach Adam on bluesky

  Donald Trump invests money that's not his in a failing enterprise, losing billions.  —  Same story, different day.  [embedded post]

• @michaelsderby Michael Derby on bluesky

  Trump's version of capitalism: “The stake will make the U.S. government Intel's biggest shareholder, though neither Trump nor Intel disclosed when the transaction would happen.”