I mean technically it is not either of those things. He has no plans of redistribution. This is the capital class consolidating power into a smaller group of capital owners

Ok, yes, State ownership can be socialism if it’s about running the economy for public redistribution. But a government fund buying 10% of Intel isn’t that, it’s more like state capitalism - but what if the greedy POS never allows distribution? Who benefits most?

Ok I agree with this.