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To: JayGalt
This has nothing to do with faith in the market place. It has to do with pragmatism.

Nonsense. The choice to spend the money presumes there will be a return on investment the prospects of which the market didn't see or it would have bid up Intel's stock such that they could have made that investment.

This is not picking winners or losers since other companies are free to make offers similaar to Intels offer.

And didn't. Hence, yes it is bucking up a loser.

12 posted on 08/26/2025 6:54:46 AM PDT by Carry_Okie (The tree of liberty needs a rope.)
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To: Carry_Okie
Sorry. The money was already awarded to Intel. Trump, as a responsible steward, made sure USA gets return on investment.

"SANTA CLARA, Calif.-- Intel Corporation today announced an agreement with the Trump Administration to support the continued expansion of American technology and manufacturing leadership. Under terms of the agreement, the United States government will make an $8.9 billion investment in Intel common stock, reflecting the confidence the Administration has in Intel to advance key national priorities and the critically important role the company plays in expanding the domestic semiconductor industry."

"The government’s equity stake will be funded by the remaining $5.7 billion in grants previously awarded, but not yet paid, to Intel under the U.S. CHIPS and Science Act and $3.2 billion awarded to the company as part of the Secure Enclave program. Intel will continue to deliver on its Secure Enclave obligations and reaffirmed its commitment to delivering trusted and secure semiconductors to the U.S. Department of Defense. The $8.9 billion investment is in addition to the $2.2 billion in CHIPS grants Intel has received to date, making for a total investment of $11.1 billion.

“As the only semiconductor company that does leading-edge logic R&D and manufacturing in the U.S., Intel is deeply committed to ensuring the world’s most advanced technologies are American made,” said Lip-Bu Tan, CEO of Intel. “President Trump’s focus on U.S. chip manufacturing is driving historic investments in a vital industry that is integral to the country’s economic and national security. We are grateful for the confidence the President and the Administration have placed in Intel, and we look forward to working to advance U.S. technology and manufacturing leadership.”

18 posted on 08/26/2025 7:07:24 AM PDT by JayGalt (For America!)
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