🌈 N A T I O N A L I S A T I O N 🌈
💪letting it fail anyway 👍
Is it really a good idea to let Taiwan and Samsung control all semiconductor manufacturing?
I love that paranoia and xenophobia. As if a corrupt domestic company is somehow magically better than a corrupt international company.
It’s been quite obvious over the past few years that yes there’s potentially some risk of foreign countries trying to install spy code, but actually that doesn’t seem to happen very often, and what’s much more damaging to our society are large corporations that use their power to screw over the general public, and most of these large corporations are domestic.
It’s not xenophobia, it’s a matter of national security for every single western nation. Without Intel, x86 processor manufacturing would be limited to TSMC in Taiwan, and would only serve to further incentivise Chinese aggression over the island.
So yes, paranoia - but sometimes that can be a good thing.
And there’s also resilience against natural disasters. Having processor manufacturing limited to one place is just a bad idea.
Yes. Not Samsung but Taiwan. It would force the us to not tiptoe around China.
Also Intel is one of many, maybe the biggest name but for a Long time not the biggest player at all.
Ever read the name AMD? The ones actually behind x86 64bit and many other things?
Nvidia (even though they invest to much into a double that will pop)
ARM?
Texas instruments?
Bosh?
There is more than enough without intel.
*Apple
[A day after mainland China invades Taiwan]
“Fuck, why did graphics cards quintuple in price?”
Most of the companies you’re mentioning do not have their own chip foundries. The only - and I do mean only - companies that have working lithography lines to support bleeding edge chips at massive scale are Samsung, TSMC, and Intel. Several other companies are investing in eventually gaining that capability, but right now, thats it. And these things take a LONG time to spin up and iron out the issues.
TL;DR: the problem is how few companies actually MAKE the chips, not how many companies DESIGN them.
Lol… We US is going to be fundinng, we should be taking equity stake for our investments.
Thats just capitalism 101. These shareholders need to fsce consequences for putting BOD that extracted 100billion dollars via share buy backs and now relying on bail outs from working people.
🤡 capitalism gonna need to face some consequences here
FAFO
What does that mean exactly? Is the company expected to compete or just support existing products or be sold to other owners?
Let’s start with what we’re not doing. We’re not handing out money to private investors in the old “socializing losses privatizing profits” bullshit we’ve been doing since the nineties.
So, if there’s a compelling national security reason to keep the company alive, we, the state buy it. Then we, the state, run it. We run it in a way that benefits our interests as owners and customers.
Maybe a few years down the line we can find a way to sell it (or our share in it) in a way that satisfies our national security requirements and makes us a load of money. This is not unheard of, see the acquisition and subsequent sale of ABN AMRO by the kingdom of the Netherlands.
Maybe split it up, write off some parts, sell some others, keep others.
Or we strip maybe it’s IP, and license it out to contractors to get the shit we need.
We can do whatever. We own it.
A tech company is not like a bank though, its value is not just in assets but in expertise. Is the plan to layoff all the engineers or pay them less? Is the plan the company generates profit? What if it can’t compete anymore and is just a money sink? And if you’re just going to sell it for assets then how’s that different from letting the company go bankrupt?
And licensing it out to contractors? That just sounds like a huge money sink.
Listen, Intel is fucked. It’s fucked right now, and getting bought out by someone else isn’t magically going to unfuck it. Saving the company is going to take money and effort.
We can also just let it go up in flames. No skin off my back.
Privatize profits, and socialize losses…
If Intel can’t pay their own bills from Intel’s money, they can be sold to a private company, file for chapter 11, or go out of business.
And let all those backdoors just walk away?
I assume that you’re at least halfway joking about backdoors in Intel.
They deserve to fail so fucking hard though
You’re only saying that because it’s true.
Feeding people that can’t afford to eat because of low salaries and high prices: That’s socialism!
Giving billions to a company that deserves to be replaced: That’s capitalism!
Cram them under AMD and make it not-a-monopoly by ending all x86 patents.
Even if they did, starting a chip company is fucking difficult AF. You don’t want one mega company. You end up in a situation like Canada where they have one airline company and barely any cell carriers.
Competition is healthy. Fingers crossed that Nvidia starts making x86 CPUs as well as Qualcomm. AMD needs more competition too.
The GPU industry also needs some real competition.
Oh, so if China helps out their companies, it’s meddling but if the US government fucking bails out a company that should go bankrupt because of dreadful and shit management, it’s a necessary step to secure national interests. So much for “the free market will regulate itself”.
Hypocrites.
There free market is when corpo fucks you. When corpo fucks up, it is your job in inject capital but obviously with out any equity becuase that would be communism 🤡
Q: how do you remain competitive against your competitors if those have the backing of an entire nation behind them?
A: you don’t.
