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commander@lemmy.world to Hardware@lemmy.ml · 1 month ago

U.S. government takes 10% stake in Intel, as Trump expands control over private sector

www.cnbc.com

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U.S. government takes 10% stake in Intel, as Trump expands control over private sector

www.cnbc.com

commander@lemmy.world to Hardware@lemmy.ml · 1 month ago
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Commerce Secretary Howard Lutnick said that the U.S. government has taken a 10% stake in chipmaker Intel.

cross-posted from: https://lemmy.world/post/34838045

  • ☆ Yσɠƚԋσʂ ☆@lemmy.ml
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    1 month ago

    State capitalism with American characteristics.

    • freagle@lemmygrad.ml
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      1 month ago

      Negative. This is EuroFascism, not 5-year planning for social good

      • ☆ Yσɠƚԋσʂ ☆@lemmy.ml
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        1 month ago

        I mean the US was the model for EuroFascim

        • freagle@lemmygrad.ml
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          1 month ago

          Fair, but I think there’s a big risk of letting this state intervention be compared with the PRC.

          • ☆ Yσɠƚԋσʂ ☆@lemmy.ml
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            1 month ago

            I see the US as basically PRC’s the Wario here. :)

            • freagle@lemmygrad.ml
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              1 month ago

              Right. Which I think is too close. The USA is Bowser to China’s Mario. They both stomp on things. That’s the end of the similarity.

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