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U.S. takes 10% stake in Intel as Trump flexes more power over big business (www.nbcnews.com)
submitted 1 year ago by to c/technology@lemmy.world
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Trump tweet:

It is my Great Honor to report that the United States of America now fully owns and controls 10% of INTEL, a Great American Company that has an even more incredible future. I negotiated this Deal with Lip-Bu Tan, the Highly Respected Chief Executive Officer of the Company. The United States paid nothing for these Shares, and the Shares are now valued at approximately $11 Billion Dollars. This is a great Deal for America and, also, a great Deal for INTEL. Building leading edge Semiconductors and Chips, which is what INTEL does, is fundamental to the future of our Nation. MAKE AMERICA GREAT AGAIN! Thank you for your attention to this matter.

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[–] 13 points 1 year ago (3 children)

Yes, but also because they're just better chips and you probably should have only been getting them to begin with. Way more power efficient, smaller process, less heat, easier to upgrade, better multi core performance, lower price; you just get a better CPU.

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  • [–] 2 points 1 year ago (2 children)

    Note that better multicore perf is not true through the entire stack, because Intel chips have p core making them have better multicore perf in a lot of price-competitive offerings.

    But the current platform is quite dead, you won't get upgrades for it

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