Depends on your scope. From an intel perspective it would be wise to keep their cash, and maybe they would be in a better position today. From a market perspect

Depends on your scope. From an intel perspective it would be wise to keep their cash, and maybe they would be in a better position today. From a market perspective we unlocked 100B and pumped them to other companies for example Apple, tsmc, nvidia etc or IPO’ed new ones. These seemed to achieve better multipliers on the capital hence as a whole we are better off (theoretically). Now of course all of these are on the macro level. If you look closely the collapse of Intel would cause severe disruption both on the business and on the geopolitics fronts.