This is ‘GM in 2008’ all over again.
(because a company that’s ‘too big to fail’ has been bailed out by the government before)
Oh good. Let’s nationalize the chip manufacturing so the government can install hardware security back doors.
If you think Intel being a private company has prevented hardware backdoors being added to their chips, I have some bad news for you.
would you rather they fail and you get no chips, or higher prices because less competition? this isn’t technically a bad thing…
Intel would be an example of a chipmaker that should fail but they won’t let it because it’s also an unofficial asset. It will literally never fail no matter how backward it gets and they have been backward for decades.
There are other ways to ensure they don’t fail…
Me personally, I’d like to see them go the way of NokiaI mean, it’s not definitely a bad thing in principle… But given the current administration, I would worry about any company the government wants to get their hands into. I’d be worried if the us suddenly wanted to buy into Coca-Cola… But Intel is scarier.
Now Trump is pushing socialism. He seems to be confused at who he is.
