Posted on 08/25/2025 6:33:00 PM PDT by SeekAndFind
Fox Business’s Larry Kudlow expressed concern on Friday over the Trump administration’s move to take a 10 percent stake in mega chipmaker Intel.
“I am very, very uncomfortable with that idea. I’m very uncomfortable with that one, but that’s a conversation for another meal on another day,” Kudlow told economist Stephen Moore, in an interview highlighted by Mediate.
Moore himself, a Trump economic adviser, earlier in the appearance, also criticized the administration’s decision, calling it “terrible.”
“I hate corporate welfare. That’s privatization in reverse. We want the government to divest of assets, not buy assets. So terrible, one of the bad ideas that’s come out of this White House,” Moore told Kudlow, who served under President Trump as the director of the National Economic Council during his first term.
Trump on Friday announced that the U.S. government now owns 10 percent of Intel shares.
“The United States paid nothing for these Shares, and the Shares are now valued at approximately $11 Billion Dollars. This is a great Deal for America and, also, a great Deal for INTEL. Building leading edge Semiconductors and Chips, which is what INTEL does, is fundamental to the future of our Nation. MAKE AMERICA GREAT AGAIN!” he wrote on social media.
(Excerpt) Read more at thehill.com ...
Making Intel profitable is on Intel, but the government is encouraging it to find ways to be a continuing presence.
It’s better than asking Taiwan’s companies to be our vital American interest.
Intel designs and MANUFACTURES chips..Nvidia designs chips.
If N contracts I that would be a great thing..
“Kudblow would have been against us making tanks in the Detroit factories in WWII.”
Why do you always slur the good in America?
Why do you always lie like a rug in between suspensions, TexasStalker?
To: TexasGator
Do you have to be an ass every day?
84 posted on 9/26/2015, 6:24:20 PM by Jim Robinson
https://freerepublic.com/focus/news/3341298/posts?page=84#84
Why do you always lie like a rug in between suspensions, TexasStalker?
To: TexasGator
Do you have to be an ass every day?
84 posted on 9/26/2015, 6:24:20 PM by Jim Robinson
https://freerepublic.com/focus/news/3341298/posts?page=84#84
After ten years I would have expected you to charge rent for my living in your head. But, thank you for not charging.
You just get a Texgasm every time someone replies to one of your trolls.
Bet you didn’t get one when The Big Guy called you out for your trolling.
To: TexasGator
Do you have to be an ass every day?
84 posted on 9/26/2015, 6:24:20 PM by Jim Robinson
https://freerepublic.com/focus/news/3341298/posts?page=84#84
After ten years I would have expected you to charge rent for my living in your head. But, thank you for not charging.
You just get a gaytergasm every time someone replies to one of your trolls.
Bet you didn’t get one when The Big Guy called you out for your trolling.
To: TexasGator
Do you have to be an ass every day?
84 posted on 9/26/2015, 6:24:20 PM by Jim Robinson
https://freerepublic.com/focus/news/3341298/posts?page=84#84
NVIDIA manufactures nothing — it designs GPUs etc.
“NVIDIA manufactures nothing — it designs GPUs etc.”
It is investing $500b in a maufacturing site.
We paid them to retool.
“Don’t offshore national security stuff.”
Exactly! And CPU *manufacture* is as much “national security stuff” as food, energy, transportation, communications, medicine, weapons, assembled computer systems, etc.
According to Wikipedia (https://en.wikipedia.org/wiki/Semiconductor_industry), “as of 2021, only three firms are able to manufacture the most advanced semiconductors: TSMC of Taiwan, Samsung of South Korea, and Intel of the United States”.
What should the US do, to avoid a potential national security disaster? (Hint, which of these 3 countries have been claimed or invaded by the PRC?)
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