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[–] 119 points 1 year ago (4 children)

Trump ruins EVERYTHING he touches. Fact.

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  • [–] 99 points 1 year ago (6 children)

    Yeah this honestly makes me automatically rule out Intel in terms of hardware.

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  • [–] 41 points 1 year ago* (last edited 1 year ago) (4 children)

    Yep, Intel is basically dead, unless Trump forces out the competition and only allows Intel to be sold. Intel has been shit for awhile now anyways.

    Edit: And I highly advise everyone to NOT install any drivers downloaded from the Intel site. Only get drivers that have been vetted by a 3rd party. You can't trust that Turnip lackeys haven't added spyware.

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  • [–] 13 points 1 year ago*

    Kinda did beforehand anyway. Their fabs are old and there's not much going on to build new ones or update, so.

    shakes AMD's hand

    You won! 🎉

    Uh oh! Monopoly! I hope AMD isn't swayed by political actors into injecting malware into their chips, again.

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

    IF Trump is in any way involved I will NEVER buy anything that has Intel inside.

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  • [–] 17 points 1 year ago

    Yay now the US has its own government-aligned Huawei, ByteDance, and so forth...

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  • [–] 15 points 1 year ago (5 children)

    I wonder how many people are going to sell their shares because of this.

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  • [–] 20 points 1 year ago (4 children)

    At the moment, not many:

    The government bailing out a dying company is probably going to float the price, at least for awhile.

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  • [–] 14 points 1 year ago (3 children)

    The market is complete bullshit at this point, but buying 10% of a company is going to push the price up for a while. The math is so basic.

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

    Yup. It does make me wonder if Trump is maybe doing a favor for some investor buddy, raising the price so they can exit at a higher value.

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  • [–] 7 points 1 year ago*

    Intel is one of Israel's largest private sector employers, about 10k people, which is a third as large a workforce as the largest employer, a bank. They cut 3000 employees there in the last several years as a result of their issues...

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  • [–] 6 points 1 year ago

    It's beyond that. This is what Fascism does. It is the welding of state power for the benefit of the capitalist class. This will not end with Intel.

    People confuse this aspect of Fascism a lot for a simple reason. They think that "socialism is when the government owns stuff". Which is not really true.

    Socialism first requires a revolution to overcome the capitalist class rule. That has not occurred. The power of the state is still entirely in the hands of the wealthy. They are welding it's power for their benefits while they layoff working class people and force them into taking jobs at ICE to pay rent.

    This isn't just a "favor for a friend" to sell off stock later in a pump and dump. This is Fascism ensuring by force that capitalist profits and interest are maintained.

    Intel will not be the last example of this. The state is essentially doing a wealth transfer from the tax payer to the capital owners. This will continue.

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  • [–] 17 points 1 year ago* (1 child)

    Intel's currently intriguing "worth buying" products: .
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    I'm sure this will end well

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  • Arc GPUs are worth buying at the moment to avoid a duopoly of Nvidia and AMD. AV1 support at a reasonable price can be a big deal for media preservation. At least on the CPU side there's competition from Apple, AMD, and other mobile processors that could theoretically enter the desktop market. Server CPUs are unfortunately looking bleak.

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  • [–] 11 points 1 year ago (3 children)

    Intel faces investor backlash for selling 10% stake to Trump's billionaire buddies. FTFY.

    We all know how this is going to go. Sell all of our public assets to dickbags.

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

    To be fair this is the opposite.

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  • [–] 5 points 1 year ago

    Just imagine all the hardware level spy shit they're gonna do now.

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  • [–] 9 points 1 year ago (1 child)

    Who is writing this article? The stock's been up for the day, the week, and over the last month?

    On what planet do investors shy away from a giant federal bailout of shareholders?

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  • [+] -22 points 1 year ago (7 children)

    I’m all for it. It’s the beginning movement towards proper socialism. I’m sure that’s not the commander in queefs goal but still.

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  • [–] 28 points 1 year ago (4 children)

    It's absolutely not the beginning movement towards proper socialism.

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  • [+] -9 points 1 year ago (3 children)

    Wouldn’t state capitalism be a lot closer to socialism than the US currently is? If the government started buying golden shares of companies future leaders would have an easier transition away from capitalism and into a not for profit run economy. I’m not an economist so forgive my ignorance.

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