It is a crucial sector; if a company goes bankrupt, it is difficult to recover for several years, because it is usually difficult for a new company if it does not have sufficient resources and/or support.
If Intel declares bankruptcy, it would leave AMD with a monopoly on x64 because, without a direct rival to compete with, the price of CPUs is likely to increase and, as a result, the price of PCs would also increase.
By rescuing Intel, the company can better plan its strategies and make long-term plans without pressure from shareholders to make a profit.
It would preserve many people’s jobs, keeping unemployment low and without affecting people’s finances.
Continue to maintain technological sovereignty in the country without the risk of another foreign company buying Intel’s technology.
This is a strong argument. One of my main complaints with modern large companies is the need to operate for short term gains long term losses, so point number 3 sounds amazing to me. Does this mean Intel would no longer be a publicly traded company, but a US Government owned company, something similar to the USPS?
It depends on how Intel is rescued: whether the government nationalizes it completely to become a state-owned company, partial rescue of the company to structure it, conventional rescue, or whether it is placed under federal guardianship for a time and then privatized.
The problem with Intel is itself. No amount of laying people off has helped them in the past. Nothing suggests that it will this time either. Pumping money into this thing without major changes will lead to more money hemorrhaging with no significant benefit.
The place is a classic definition of toxic work environment.
Arguments in favor of rescuing Intel:
This is a strong argument. One of my main complaints with modern large companies is the need to operate for short term gains long term losses, so point number 3 sounds amazing to me. Does this mean Intel would no longer be a publicly traded company, but a US Government owned company, something similar to the USPS?
It depends on how Intel is rescued: whether the government nationalizes it completely to become a state-owned company, partial rescue of the company to structure it, conventional rescue, or whether it is placed under federal guardianship for a time and then privatized.
In short, yes, but in certain scenarios.
Very cool thanks for the informative answers
The problem with Intel is itself. No amount of laying people off has helped them in the past. Nothing suggests that it will this time either. Pumping money into this thing without major changes will lead to more money hemorrhaging with no significant benefit.
The place is a classic definition of toxic work environment.