News: 0178828302

  ARM Give a man a fire and he's warm for a day, but set fire to him and he's warm for the rest of his life (Terry Pratchett, Jingo)

Intel Has Agreed To a Deal For US To Take 10% Equity Stake, Trump Says (reuters.com)

(Friday August 22, 2025 @05:40PM (msmash) from the how-about-that dept.)


President Donald Trump said on Friday the U.S. would [1]take a 10% stake in Intel under a deal with the struggling chipmaker and is planning more such moves, the latest extraordinary intervention by the White House in corporate America. Reuters:

> The development follows a meeting between CEO Lip-Bu Tan and Trump earlier this month that was sparked by Trump's [2]demand for the Intel chief's resignation over his ties to Chinese firms.



[1] https://www.reuters.com/business/trump-says-intel-has-agreed-deal-us-take-10-equity-stake-2025-08-22/

[2] https://slashdot.org/story/25/08/07/1427230/us-president-calls-on-intel-ceo-to-resign-over-china-ties



Government should not own businesses..?? (Score:4, Interesting)

by MikeDataLink ( 536925 )

WTF is up with Republicans today? They threw out their own rulebooks and are just making it up as they go!

Re:Government should not own businesses..?? (Score:5, Insightful)

by skam240 ( 789197 )

Trump remade the party. Social conservatism and populism now run the party almost in its entirety.

Re: (Score:2)

by shanen ( 462549 )

> Trump remade the party. Social conservatism and populism now run the party almost in its entirety.

What part of that is supposed to be funny? Or is some FAKE Republican trying to censor reality again?

Re:Government should not own businesses..?? (Score:5, Insightful)

by Pseudonymous Powers ( 4097097 )

There's no such thing as a Republican anymore. However hard they may (or may not) pretend, they're just Trumpists.

Re: (Score:3)

by Cajun Hell ( 725246 )

As long as the trademark legally exists, it exists. There are a fuckton of Americans who vote for Rs and Ds, but don't know anything about the parties' policies. If you own the R or D trademark, you automatically get tens of millions of votes for nothing . You can be as politically nutty as you want and you won't lose those votes. You can declare those voters your enemy and work directly against them, and they will reward you for that by voting for you.

"Republican" is still an extremely real thing, and it's

Re: (Score:2)

by alvinrod ( 889928 )

It didn't cost Trump anything. He looked at a landscape of candidates that couldn't get over Bush-era policies being rejected by Americans and grabbed the reigns. Some of the old guard hate him for it and others are happy enough to go along for the ride as long as they can continue to enrich themselves. Trump is the end result of our voting system that requires parties to realign themselves to get past the post. In many ways he looks a lot like a Democrat from the 60s, but it doesn't matter what he is as lo

Re: (Score:2)

by Pseudonymous Powers ( 4097097 )

That's not fair. I met an anti-Trump Republican once. You don't know him, though: he's Canadian. We met at Niagara Falls this summer.

Re: (Score:1)

by nonsenseponsense ( 10297685 )

Dude, pick up a book and learn what "communism" actually is. You look retarded right now.

Re: (Score:2)

by MightyMartian ( 840721 )

I think you need to provide your operating definitions for "socialism" and "communism".

Re: (Score:2)

by skam240 ( 789197 )

> Right.. Because every person who identifies with the Republican Party is a Trumpist...

It's almost entirely true in the public sphere. To succeed in the modern Republican party (at least on the national level) you've gotta bend the knee.

Trump hasnt faced any form of meaningful opposition for any of the radical changes he's made in the party, especially this time around. There was a small handful of objectors but most of those have been driven from national politics by now. Those Republicans that don't support Trump are sadly irrelevant now as they have no meaningful representation of their ow

Re: (Score:2)

by Pseudonymous Powers ( 4097097 )

Perhaps less flippantly, what do you call someone who, allegedly reluctantly, votes for mandatory human/goat orgies, or votes for other politicians who themselves will, allegedly reluctantly, vote for mandatory human/goat orgies? Because I'd sure as a wang up a goat's ass call them mandatory-human/goat-orgyists.

I'd probably abbreviate after a while.

Re: (Score:2, Insightful)

by haruchai ( 17472 )

What you "like" or don't like doesn't matter or even what you call yourself, only how you VOTE.

There's not much difference between the person who enthusiastically voted for Trump or who scorned his lies, hypocrisy, cruelty, etc but held his nose & voted for him anyway - both of them contributed equally to handing the reins of power back to him

Re:Government should not own businesses..?? (Score:5, Insightful)

by jacks smirking reven ( 909048 )

> On this side, we actually tolerate diversity of thought.

No you absolutely do not, or rather, Republicans are smart in that they tolerate diversity of thought so long as you support Trump .

Don't believe me? Look at what happened to Kyle Rittenhouse when he dared to suggest he might vote Libertarian because he didn't like Trump's stance on guns. He was faced with total expulsion and derision from the party until he fell in line. Pretty much every conservative media figure online was out for blood until he knew his place.

If anything Democrats can learn from that, we actually allow a the groups inside the party to rag the party from the inside and don't force them to vote. The whole "Uncommitted" movement in 2024, Republicans would not have stood for that.

If you want to be a part of the GOP today you have to be 110% in support of everything Trump does or GTFO. Don't be afraid to own that, it works.

Re: (Score:2)

by MightyMartian ( 840721 )

The first stage of the revolution is to keep a cordial relationship with the Mensheviks. We're all on the same team. We're hear to overthrow that rotting edifice of the old order and create a stronger, better society, with a government truly representative of the people. We're all a big tent, and can accommodate differences of opinion.

The second stage of the revolution requires the sidelining of the Mensheviks. Yes, they have their objections, but those objections are mainly spurious, perhaps a little too i

Re:Government should not own businesses..?? (Score:5, Interesting)

by AnOnyxMouseCoward ( 3693517 )

I'll engage... I'll start by saying you're right, there's variations in the ranks of the Republicans, just like there are variations in the Dems, or any other group. There are definitely Republicans who would have preferred Trump was not the nominee.

With that said, you like Trump, and presumably voted for him. What do you think of the government buying (at least portions) of American companies, and exerting what appears to be coercion on those companies? How does that fit in with the traditional Republican viewpoint, focusing on small government and a capitalist economy?

What's your take on fascism? Google's definition: Fascism is a far-right, ultranationalist, authoritarian political ideology characterized by a dictatorial leader, centralized power, forcible suppression of opposition, militarism, and the subordination of individual interests to the state or nation. It rejects liberal democracy, socialism, and communism, and is often marked by scapegoating, a fixation on national decline, and a glorification of violence to serve the state . Under economic control, it says: A system of strong state control over the economy, often described as "corporatism," where private ownership exists but is subordinated to the national interest .

Personally, I have nothing against Trump voters, as individuals, as people. I just cannot understand how they can be ok with the latest policies and where we're going as a country. If the vision is a capitalist haven with minimal intrusion from government, that's not my jam but I can understand it. A full fascist state with a cult of personality? Fuck no.

Re: (Score:3)

by Zocalo ( 252965 )

Which kind of makes me wonder, what happens to the Republican Party when Trump croaks given they've now thrown out pretty everything they previously supposedly stood for (third term or no, his hold over the party won't end while he can still type semi-coherent sentences)? He's pushing 80 and that is really starting to show, so behind closed doors they've got to be thinking about it. Do they turn to Don Jr., who doesn't seem to have a particularly high profile, and try to revert the US to a defacto monarch

Re: (Score:2)

by haruchai ( 17472 )

The GOP made Dubya disappear pretty quickly. I don't think he was in attendance at the RNC after his 2nd term ended nor was he mentioned.

They'll rely on the terrible short-term memory of the voters & will try to make all of this seem like ancient history.

Will it work? I really don't know.

Re: (Score:2)

by dbialac ( 320955 )

The Republican Party still exists, it's just different from the party that existed in 2015. Note importantly that the Democrat party has collapsed as Trump took the working class away from them. Polling showed that had it been anyone other than Trump on the Republican ticket in the last election, the Republican candidate would have still won except that vote percentages wouldn't have even been close. It turns out that trying to convince everyone that a man is a woman wasn't a great winning strategy, either.

Re: (Score:2)

by garyisabusyguy ( 732330 )

The Heritage Foundation is running the show now, Trump is just their paid spokesman

They have profited from every stock market fall trump has induced, and they will use DOGEs emptying government agencies of seasoned employees, to replace them with Heritage Foundation pawns when the positions need to be filled again

[1]Heritage Foundation is planning for the 4th Reich, here in America [wikipedia.org] and it is time for all Americans to wake the fuck up and stop them

[1] https://en.wikipedia.org/wiki/Project_2025

Re: (Score:2)

by DrMrLordX ( 559371 )

Sorry, you can't blame Heritage for anything related to the CHIPS Act (which is where Trump got the money for the buyout):

[1]https://www.heritage.org/budge... [heritage.org]

[2]https://heritageaction.com/key... [heritageaction.com]

[1] https://www.heritage.org/budget-and-spending/commentary/chips-act-spending-making-america-less-free

[2] https://heritageaction.com/key-vote/key-vote-no-on-the-chips-act

Re:Government should not own businesses..?? (Score:5, Informative)

by garyisabusyguy ( 732330 )

The CHIPS Acts was passed by Congress and Signed by Biden with the intent of boosting U.S. semiconductor and high-tech manufacturing, strengthening domestic supply chains, and enhancing national security, thereby keeping critical technology production on U.S. soil. The act provides nearly $53 billion in funding for semiconductor manufacturing, research, and development, alongside investments in other critical technology areas like artificial intelligence and quantum computing.

Buying stakes in US companies and putting the administration into the position to create winners of losers was not part of it

Trump is STEALING from all Americans in order to create power and profits for a small group that is writing his game plan

Again I would suggest that anybody interested in living in a Democracy should read up on the Heritage Foundation and their Project 2025 that trump is following

Re: (Score:2)

by DrMrLordX ( 559371 )

[1]https://www.msn.com/en-us/news... [msn.com]

"Having Intel essentially have to give up the value of the grants as an equity stake transferred to the federal government is not the right move for sure and, I think, is a slippery slope,” Stern told the Washington Examiner. “The federal government is bad at managing everything.”

- Richard Stern (Heritage)

The Cato institute and other smaller think tanks are against this move as well.

[1] https://www.msn.com/en-us/news/politics/trump-administration-intel-proposal-criticized-as-socialism-by-conservatives/ar-AA1KVUQt

Re: (Score:2)

by garyisabusyguy ( 732330 )

OMG, subversive organization is denying the actions taken by another at their bidding????

Call Machiavelli, I don't think even the Medici were so cunning /s

They were and this is a very worn playbook.

The real problem is that so many Americans are unaware of this and have become willing participants

Re: (Score:2)

by shanen ( 462549 )

Mod parent up, though I was actually looking for a name of the puppeteer who pulled this particular string of stupidity. What the YOB says hasn't mattered for a long time.

But it really is sad what happened to Intel over the years and if I live long enough I'm hoping to read an interesting book on the topic. For now, I'm still vaguely hoping to see some funny comments on this story. Another rich target with lots of low-hanging fruit.

Re: (Score:2)

by DrMrLordX ( 559371 )

Why? He's wrong, Heritage doesn't like this buyout. Links posted above in two separate posts. Cato doesn't either. None of the libertarian/pseudo-libertarian groups like it.

Re: (Score:2)

by hdyoung ( 5182939 )

Project 2025 was entirely DOA. The supreme court saw it coming and put a stake right through it (loper-bright decision). Actually, they did it real clever as well. They passed it while Biden was pres, which means that the right-wingers were cheering because it curtailed a liberal administration. But, that pair of presidential handcuffs has mostly prevented Trump from implementing anything that lands outside the executive branch of the fed. And, any concentration of executive power that the republicans succe

Re: (Score:2)

by impossiblefork ( 978205 )

It's certainly an ideological right-wing position that they shouldn't. I remember when the Swedish 'centre' party (this is an extremely economically right-wing party, basically pro-migration libertarians) opposed the Swedish government taking a stake in Volvo when Ford were forced to divest it due to US loans expected to be supplied to Ford only being permitted for use in the US, and I saw this as extreme naïvité and dogmatism, so to some degree I am happy to see this kind of policy. There are al

Re: (Score:3)

by skam240 ( 789197 )

I'm not into this at all. Now the US government has vested interest in supporting one US company over all other domestic competition. There are a lot of past examples in other countries where this just leads to the company getting even worse as protectionist policies keep them afloat for a while rather then them actually implement the change needed. Then they fail. We'll see how this goes.

Re: (Score:2)

by impossiblefork ( 978205 )

I think I agree completely, although they are the only US chipmaker.that manufactures chips 'close' to the state of the art and it would probably be better for the US if they could be made to actually invest in their own technology instead of primarily focusing on profitability.

Re: (Score:2)

by alvinrod ( 889928 )

You're surprised that someone who has been pushing tariff-based protectionism isn't as big on free market principles as Reagan was?

The government shouldn't be spending tax payer money on this, but as badly managed as Intel has been for years now I'm not certain that the government could screw them up any worse.

Re: (Score:1)

by PCM2 ( 4486 )

> The government shouldn't be spending tax payer money on this, but as badly managed as Intel has been for years now I'm not certain that the government could screw them up any worse.

A government that's dedicated solely to extracting as much money from the U.S. economy and awarding it as gifts to loyalist oligarchs couldn't screw up a corporation worse than it already is? Ye of little faith.

Re: (Score:1)

by whoever57 ( 658626 )

I don't understand how the MAGA crowd cannot see that Trump and the Heritage Foundation are pushing the country towards fascism. Or perhaps they welcome it -- they welcome the loss of freedom and rights and money.

"If you can convince the lowest white man he's better than the best colored man, he won't notice you're picking his pocket. Hell, give him somebody to look down on, and he'll empty his pockets for you."

-- Johnson.

Re: (Score:2)

by DrMrLordX ( 559371 )

Heritage opposes the decision. They're in record, multiple links posted above.

Re: (Score:2)

by Tony Isaac ( 1301187 )

I don't know. I used to think I was a Republican. Now it's just the party of Trump. It follows whatever Trump says today, which might be the opposite of what Trump said yesterday.

I still believe in traditional conservative principles. Today's Republican party doesn't.

Re: (Score:1)

by whoever57 ( 658626 )

> WTF is up with Republicans today? They threw out their own rulebooks and are just making it up as they go!

Justice Jackson recently accused her colleagues of playing Calvinball with questions before the court. The only rule being that Trump must win.

Today's raid on Bolton's house shows the dangers of crossing Trump.

The cowards should have kicked him to the curb during one or other of the impeachment trials, but they were too scared to do so then and now all of us must live with the consequences.

Re: (Score:2)

by mysidia ( 191772 )

I'd disagree. Government should include stocks in their reserves just as anyone would, although government officials should not be involved in making equity deals with companies or making the call to buy a specific company -- it begin to look like some form of favoritism, and the manner is totally improper.

Within the specific context of trust funds I mean - the government's funds retained for future spending should be invested appropriately just like any corporation would invest their cash - which shoul

Re: (Score:2)

by Tablizer ( 95088 )

There's an old saying that " you become what you fear ". [1]Bibi became like Hitler [cnn.com] and [2]GOP became socialist. [reddit.com]

[1] https://www.cnn.com/2025/07/23/middleeast/gaza-starving-killed-israel-while-seeking-aid-intl

[2] https://www.reddit.com/r/PoliticalHumor/comments/1mw8ga2/quiz_time/

Re: (Score:2)

by AvitarX ( 172628 )

I guess they're the actual socialists now?

Taking government control of companies.

Re: (Score:2)

by jonwil ( 467024 )

The argument (as I understand it) is that because Intel is the only American company making advanced semiconductors, it is in the national interest to ensure that Intel keeps its fabs going AND remains a US-controlled company. And with Intel talking strongly about closing or divesting those fabs, the government thinks that buying a seat at the table will ensure those fabs remain open and in US hands.

Re: (Score:2)

by Shane A Leslie ( 923938 )

They are just starting the process of nationalizing the means of microchip production comrade.

Someday the glorious workers of the state apparatus will be able to make all the microchips used in all American products!

The backdoors in them will allow for the government to track and surveil all computer activity!

So glad to see the Trump administration finally embracing Marxist theory.

As if Intel really had any choice? (Score:2)

by evanh ( 627108 )

It'll be interesting to see what happens to the rest of the fab shops that have signed up to CHIPS funds. Trump probably won't let them out of the arrangements. He'll make sure he gets his grubby hands in everywhere. Yet more spitefulness.

Next stage ... unaccounted tariffs and other appropriations go missing.

Look what ya got pubs! (Score:2)

by Ol Olsoc ( 1175323 )

Good to see that Republicans have embraced the end of the free market and the ascendency of socialism.

Re: (Score:2)

by MightyMartian ( 840721 )

Rather ironic that the real Communists are the Republicans.

Re: (Score:2)

by Ol Olsoc ( 1175323 )

> Rather ironic that the real Communists are the Republicans.

The Devil will show up as a man of the cloth, and the traitor will wrap himself in the flag.

Extortion! (Score:2)

by Archeopteryx ( 4648 ) *

Nice chip fab you have here.... Would be a SHAME if something HAPPENED to it.

Re: (Score:2)

by Tablizer ( 95088 )

Intel hasn't been doing well such that kissing Don's ass may be a step up ... uh, did I actually say that?

Re: (Score:2)

by DrMrLordX ( 559371 )

Intel begged for this money.

Commies in charge of the GOP (Score:2)

by gurps_npc ( 621217 )

The right way for the US government to invest in America is via an S&P 500 index fund.

Intel's current largest shareholder holds less than 0.5% of the company.

Taking a 10% stake is not an investment, it is an ownership position. It lets the President appoint the Chairman of the Board and multiple Board members.

Either Trump will take a major loss on OUR investment, or Intel will get the Trump's patented "it's not a crime when I do it." What is that? Well just read below.

US government will only buy Int

Right idea, wrong people, wrong reasons (Score:2)

by jacks smirking reven ( 909048 )

The public being directly invested in the largest and most important American enterprises to me has always been a no brainer but like all things the how and why are just as important, if not more so in many ways, than the actual action.

There is a proper way to do this, a few even. [1]Sovereign Wealth Funds [wikipedia.org] and/or State Owned Enterprise in that the state owns a type of holding corporation that then has an established charter and structure like any wealth fund does today in how they manage their portfolio.

It sh

[1] https://en.wikipedia.org/wiki/Sovereign_wealth_fund

"Just out of curiosity does this actually mean something or have some
of the few remaining bits of your brain just evaporated?"
-- Patricia O Tuama, rissa@killer.DALLAS.TX.US