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When you connect those dots this feels more like a pseudo bailout in disguise.
by chiefalchemist 3y ago
When you connect those dots this feels more like a pseudo bailout in disguise.
- rhelz 3y agoOh, its not a pseudo bailout. It's a bailout full stop. Doesn't mean its a bad idea.
- inemesitaffia 3y ago8 billion can't build half a fab though.
- coliveira 3y agoThis is exactly what it is. With the added issue that, in all likelihood, $8B is not even enough to start making a change. The US gov would have a better time giving these $8B to startup companies in the chip space. Intel will just squander this money and give some of it to shareholders.