This is not about an arbitrary thesis, but about FACTS!
As I’ve already shown, Intel was ONLY buying back when they actually had profits.
And buying back stock is NOT a gift to stockholders.
The CHIPS thing is a strategic political decision, you originally claimed was many times more than it actually is.
Obviously you are so stuck in your prejudiced opinions based on speculation and false information, that you don’t care even when you find you had the facts wrong.
The CHIPS agreement is not a gift, but a 2 way agreement that requires Intel to make heavy investments inside USA, and the money haven’t been paid out yet, except for an initial amount that is only a fraction of the total agreement.
It’s not like the Biden administration just throws free money at companies as you seem to think.
Now Trump may decide to do just that, because he is corrupt as hell. But that will be another debate.
Obviously you are so stuck in your prejudiced opinions based on speculation and false information
Intel wasted 100 billion dollars and failed to invest into R&D
US taxpayer along with German one is transferring cash to Intel to pay for CapEx without taking equity position.
Money is fungible… so US taxpayer is bailing the shareholder who got paid out already.
Are you really still going to justify share buybacks were justified? They ruined the company lol
Obviously you are so stuck in your prejudiced opinions based on speculation and false information
FACTS is 🤡 capitalism here
the money haven’t been paid out yet, except for an initial amount that is only a fraction of the total agreement.
that’s because intel refused to take the terms US government atached to the money. CEO went on fake news crying about and he is now gutted because a brain dead idiot. At least feds using some common sense here. What they really should be doing is taking equity stake and get a seat on the Board.
You can’t trust these parasite to run industry with national security impact.
Corpos only doing this because normies larp the fake news headline they pay for as “investment”
this is not an investment, any adult person can quickly figure out that giving free cash to these parasites doesn’t make much sense esp when they waste this money as straight cash transfer to the owner class
yet every day i have to spell this out on here because everyday there is somebody shilling corpo talking points as gospel.
You have no idea who you are talking to. I’m a social democrat from Denmark, except a bit to the left of that. But communism doesn’t work, regulated capitalism does.
Many things suck in USA, but CHIPS and helping Intel is a long way away from where the real problems are.
helping Intel is a long way away from where the real problems are.
That’s your opinion at best.
Intel has show that they are unable to manage their cash position why should tax payer reward a failed executive team and BoD?
Then even if we are gonna infuse intel with taxpayer cash, why should not US Treasury take an equity position for their “risk” as any normal investor would?
Intel is just a portion of the CHIPS Act funding and they’re the largest fab in the US. Why wouldn’t they be included in it when the whole point is to generate more domestic manufacturing rather than “trying to pick winners and losers?” Even TSMC got some of the money, and they’re already dominating the market, which arguably makes even less sense to award them taxpayer dollars.
Intel is topic of discussion here… none of them should be getting this money unless it is a market rate financing or equity position.
I don’t understand how we got to a position where people are shilling corpo’s interest.
Do you ever shill maternity leave this hard?
How is giving corpos money capitalist or free market? We can’t provide adequate social policy for taxpayers because “no money” but when corpo needs a bail outs, cash just gets transferred, tax credits or incentives are provided. NO PROBLEM.
so intel spends 15 years buying back 100b in stock and ran the company into the ground…
now taxpayer is transferring money to them…
where is the disconnect here?
Oh please…
so you have no rebuttal to my original thesis?
This is not about an arbitrary thesis, but about FACTS!
As I’ve already shown, Intel was ONLY buying back when they actually had profits.
And buying back stock is NOT a gift to stockholders.
The CHIPS thing is a strategic political decision, you originally claimed was many times more than it actually is.
Obviously you are so stuck in your prejudiced opinions based on speculation and false information, that you don’t care even when you find you had the facts wrong.
The CHIPS agreement is not a gift, but a 2 way agreement that requires Intel to make heavy investments inside USA, and the money haven’t been paid out yet, except for an initial amount that is only a fraction of the total agreement.
It’s not like the Biden administration just throws free money at companies as you seem to think.
Now Trump may decide to do just that, because he is corrupt as hell. But that will be another debate.
Intel wasted 100 billion dollars and failed to invest into R&D
US taxpayer along with German one is transferring cash to Intel to pay for CapEx without taking equity position.
Money is fungible… so US taxpayer is bailing the shareholder who got paid out already.
Are you really still going to justify share buybacks were justified? They ruined the company lol
FACTS is 🤡 capitalism here
that’s because intel refused to take the terms US government atached to the money. CEO went on fake news crying about and he is now gutted because a brain dead idiot. At least feds using some common sense here. What they really should be doing is taking equity stake and get a seat on the Board.
You can’t trust these parasite to run industry with national security impact.
Cheers ;)
No I don’t generally like share buybacks.
Those are the rules we are working under. If you don’t like the rules, that’s another debate.
But that would void the entire agreement, making your entire claim nothing but fluff and hot air.
OK, so who can be trusted more? A 100% government controlled system, like the one that crashed the Soviet Union?
Corpos only doing this because normies larp the fake news headline they pay for as “investment”
this is not an investment, any adult person can quickly figure out that giving free cash to these parasites doesn’t make much sense esp when they waste this money as straight cash transfer to the owner class
yet every day i have to spell this out on here because everyday there is somebody shilling corpo talking points as gospel.
You have no idea who you are talking to. I’m a social democrat from Denmark, except a bit to the left of that. But communism doesn’t work, regulated capitalism does.
Many things suck in USA, but CHIPS and helping Intel is a long way away from where the real problems are.
That’s your opinion at best.
Intel has show that they are unable to manage their cash position why should tax payer reward a failed executive team and BoD?
Then even if we are gonna infuse intel with taxpayer cash, why should not US Treasury take an equity position for their “risk” as any normal investor would?
Intel is just a portion of the CHIPS Act funding and they’re the largest fab in the US. Why wouldn’t they be included in it when the whole point is to generate more domestic manufacturing rather than “trying to pick winners and losers?” Even TSMC got some of the money, and they’re already dominating the market, which arguably makes even less sense to award them taxpayer dollars.
Intel is topic of discussion here… none of them should be getting this money unless it is a market rate financing or equity position.
I don’t understand how we got to a position where people are shilling corpo’s interest.
Do you ever shill maternity leave this hard?
How is giving corpos money capitalist or free market? We can’t provide adequate social policy for taxpayers because “no money” but when corpo needs a bail outs, cash just gets transferred, tax credits or incentives are provided. NO PROBLEM.
Are you employed by Intel or own stock?