It’s basically the GM bailout but with less steps and specifically avoiding bankruptcy which seems more efficient. Not that the gov’t won’t just turn around and run Intel into the ground.

Public ownership of companies for the benefit of the public is a form of socialism, but Trump's fascist oligarchy serves only the wealthy elites. Oligarchs hijacking democracy for their own benefit isn't socialism.

Socialism is social ownership of the means of production. This ain’t it. This is Turbo Capitalism.

It wasn’t a bailout. It was a grant being converted to an equity position with questionable legality.