She’s right, and I say that as someone who doesn’t always agree with her. Intel has been a sinking ship riding on momentum and past success, while a stagnant team of employees draw paychecks on the way down to irrelevance. I know this is a cynical description but the reality is their products aren’t competitive and their moat doesn’t really exist in a world where many companies can build great chips. And most employees there don’t care about this terrible end to a once great company.
America taking a stake in this company instead of investing in new startups or in breaking up anticompetitive industries is a bad decision by this administration. It doesn’t do much to make America strong for a world where it competes with China and India.
osnium123 · 18h ago
Intel’s fabs are allegedly of strategic importance. Do you think that this investment should have been catered towards saving them or do you think that it just creates moral hazard?
SilverElfin · 18h ago
Good point. Maybe saving the fabs is a good idea. But I also wonder if it is only a temporary benefit. Is intel going to be the leader in this space in the future? I feel the cultural failures of the company make its decline inevitable. Either way we may need to fund new innovation but outside of Intel.
America taking a stake in this company instead of investing in new startups or in breaking up anticompetitive industries is a bad decision by this administration. It doesn’t do much to make America strong for a world where it competes with China and India.