Trump Posts AI Image of Him Trading Intel Stock?!?!?!?
- Thread starter Daniel Nenni
- Start date
hist78
Well-known member
It’s bad. No need to sugarcoat or make excuses for this behavior.
Do you have any doubt there will be more $5B investments from industry leaders? Do you doubt that the top fabless companies will do business with Intel Foundry?
And remember, Lip-Bu Tan purchased 1,043,478 shares of Intel at $23.96 per share.
This is one of the more entertaining moments in my semiconductor career, absolutely.
My biggest fear is this behavior of the USG purchasing shares in companies continues with no boundaries on it.
The state owning companies and companies working for the betterment of the state is something I hope I don’t need to spell out the name of.
Even without voting shares, we all know this complicates things. Perhaps right now, compared apples to apples to CHIPS Act grants and associated milestones and restrictions, it’s “okay”. But I really don’t like the precedent.
If USG wants to create some sort of “sovereign wealth fund” IMO it needs to go through Congress and have very well-understood boundaries and legal rules. Unfortunately, Congress has been essentially useless these days and bereft of any sort of real governing except around the fringes.
The state owning companies and companies working for the betterment of the state is something I hope I don’t need to spell out the name of.
Even without voting shares, we all know this complicates things. Perhaps right now, compared apples to apples to CHIPS Act grants and associated milestones and restrictions, it’s “okay”. But I really don’t like the precedent.
If USG wants to create some sort of “sovereign wealth fund” IMO it needs to go through Congress and have very well-understood boundaries and legal rules. Unfortunately, Congress has been essentially useless these days and bereft of any sort of real governing except around the fringes.
Isnt the whole point of the current Administration to avoid needing to use Congress at all?
Unsarcastically, many in the cabinet and high-level advisory positions, who I’ll remind this forum many are from Silicon Valley elite circles, openly talk about authoritarianism and dictatorship being “more efficient” and that Democracy is a dated concept.
So, yes. This is precisely what I’m talking about.
I am very worried about how much of that is actually their own, and how much an effect of Russian/Chinese blackmail with KTV bar tapes, and evidence of bribery.
I am almost certain that a certain portion of it is KTV bar tapes of key people, but you cannot sway the entire social group that way. Some of that is genuine.
You would guess the biggest benefactors of American liberalism, would be rallying for it the most, but instead they went on a naive attempt to monopolise the benefit for themselves.