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.
To be fair this is the opposite.
Yay now the US has its own government-aligned Huawei, ByteDance, and so forth…
Just imagine all the hardware level spy shit they’re gonna do now.
Yeah this honestly makes me automatically rule out Intel in terms of hardware.
I’m still gonna buy, an Intel GPU to encourage them to stay in the game and give Nvidia and AMD some competition.
They are also simply the best hardware you can get for Plex/Jellyfin transcoding
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.
Guess I’ll bump up an AMD build sooner than I thought.
I switched 5 years ago and have not regretted it a second.
Don’t give him idea. He may ban Nvidia, AMD, Apple, Microsoft unless they sell stock to the trump empire for Discount
Well, more than spyware. Rootkits.
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.
Trump ruins EVERYTHING he touches. Fact.
At least everyone was leaving Intel anyway. Why pay more when AMD has hyperthreading now?
I agree but also Intel’s been doing a bang-up job of offing themselves for a decade.
I’m willing to give some credit to the GPU dev team. Everybody else though? No.
I don’t disagree with you on the self harm from Intel
He’s a viciously dumb mobster, of course he’s going to twist their arm, like he personally owns place.
IF Trump is in any way involved I will NEVER buy anything that has Intel inside.
Intel will be all around.
It’s cocksure statements like this they have me absolutely convinced that they feel the same way and that will be their downfall so thank you for confirming that Intel is going down the shitter
Intel’s currently intriguing “worth buying” products: .
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I’m sure this will end wellArc 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.
I wonder how many people are going to sell their shares because of this.
At the moment, not many:
The government bailing out a dying company is probably going to float the price, at least for awhile.
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.
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.
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…
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.
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?
I suspect they’re trying to trick retail investors to buy a dip that isn’t there
LOL
Lmao even
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.
Bro, did you vote for this asshole, kind of Sounds like you did
It’s absolutely not the beginning movement towards proper socialism.
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.
It’s just capitalism with extra steps
No. State capitalism is fascism.
Fascism should more appropriately be called Corporatism because it is a merger of state and corporate power.
— Benito MussoliniGreat comment, fantastic choice of quote
That’s just so infuriatingly dumb! So, so, so, so, so dumb.
Wat
