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Too big to fail coming the rounds again? Intel failed to keep up with competition due to some really bad decisions and incompetence. Now they are bailed out
by ThinkBeat 3y ago
Too big to fail coming the rounds again?
Intel failed to keep up with competition due to some really bad decisions
and incompetence.
Now they are bailed out by the Biden administration with a giant
state subsidy. I think this falls under protectionism.
which might cause problems with the WTO.
I would guess the administration will or already have filed it under
"National security" or something similar.
Where does this money come from?
Has it been fully funded by congress? (hopefully)