Northwest · M
Trump paid $8.9 billion for 433.3 million primary common shares at a price of $20.47 per share, giving the government a 9.9% passive stake in the company.
Trump took credit, but $5.7 billion came from Biden programs (the CHIPS acts), and the remainder from another Biden program (the Secure Enclave program).
Intel closed at $65.76 today, down nearly 29%, meaning that the government made almost $16.2B, 29% of what it should have had.
The real issue, is that while the Biden admin, saw these programs as "tools" to re-enable vendors (Micron technologies as well), to re-take the lead, Trump thought of it as another "deal," and with no real direction, it's going to take long term, without producing the desired effect.
Today, Intel, instead of making progress on manufacturing strategy, and accurate reporting, its processor and wireless divisions are falling behind, which made them victim to market fluctuations, when shit hit the fan today.
Our future competitiveness should not be placed in the hands of imbeciles, looking to extort "donations" for the ballroom and financing Melania's movie.
It's a damn shame, because back in the day, Intel was a company was innovation could be scheduled, like clockwork.
Trump took credit, but $5.7 billion came from Biden programs (the CHIPS acts), and the remainder from another Biden program (the Secure Enclave program).
Intel closed at $65.76 today, down nearly 29%, meaning that the government made almost $16.2B, 29% of what it should have had.
The real issue, is that while the Biden admin, saw these programs as "tools" to re-enable vendors (Micron technologies as well), to re-take the lead, Trump thought of it as another "deal," and with no real direction, it's going to take long term, without producing the desired effect.
Today, Intel, instead of making progress on manufacturing strategy, and accurate reporting, its processor and wireless divisions are falling behind, which made them victim to market fluctuations, when shit hit the fan today.
Our future competitiveness should not be placed in the hands of imbeciles, looking to extort "donations" for the ballroom and financing Melania's movie.
It's a damn shame, because back in the day, Intel was a company was innovation could be scheduled, like clockwork.
KunsanVeteran · M
Demented Donnie has bigger problems than that right now!
1. GOP candidates don’t want him anywhere near their campaigns babbling about men’s ***censored*** and they have to tell their voters excuses for this unnecessary war, tRUMP inflation, and the price of gasoline!
2. tRUMP & Drunkard Petey Boy are planning on resuming the war post midterms.
3. Recent release of detailed report by the Dems on the House Judiciary Committee re: tRUMP’s participation in Epstein’s exploitation of minor girls.
4. Pointless tariffs that are destroying their historic voter blocks such as farmers.
1. GOP candidates don’t want him anywhere near their campaigns babbling about men’s ***censored*** and they have to tell their voters excuses for this unnecessary war, tRUMP inflation, and the price of gasoline!
2. tRUMP & Drunkard Petey Boy are planning on resuming the war post midterms.
3. Recent release of detailed report by the Dems on the House Judiciary Committee re: tRUMP’s participation in Epstein’s exploitation of minor girls.
4. Pointless tariffs that are destroying their historic voter blocks such as farmers.
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Strictmichael75 · 61-69, M