“Intel warned government intervention could harm the company’s international sales, which make up 76 percent .. It said the company could face .. backlash from investors, employees, customers, suppliers, foreign governments .. as well as possible litigation.” www.washingtonpost.com/technology/2...
China will never buy Intel's chips.
😡😡😡
The stock markets will just ignore it, the same way they ignore everything else.
If I still held Intel stock, I would be selling it immediately
No kidding
Intel is such a fragile company. Sad to see and definitely not a good move to be in bed with the WH
We can only hope.
📌
Brilliant move.
Duh
ya dont say????? I am shocked that Trumps socialist maneuver to strong arm a private corporation to give equity to the Federal govt for no reason is presenting global challengers. Intel is a disaster product wise anyway, this only makes things go from bad to worse
I mean, it's not like even a teeny hint of a perception of the Trump administration hidden inside everyone's computers is a cause for alarm or anything.
If Felon47 touches it, it will die.
Actions have consequences
I'm grateful they issued an honest report. If only everyone who sees the bright red flags could agree at the same time the only answer is impeachment. Republicans are so far willing to sacrifice the entire economy on the assumption that somehow this is going to be okay.
It’s impossible to avoid stating the obvious: ya think!?
Interesting move, Intel. While U.S. tech sovereignty is important, I can see how this could strain global partnerships. Navigating these risks will be key for the future. 🤔💻
#ETTD
Trump is there to funnel as much as he can. Everything that he announces and puts into motion is a Scam.
So Intel should pull out of the deal.
Ettd
Sounds like they got a wake up call. Now what? 🤔
I think Intel's CEO should be fired.
The “Trump Brand” is UUUUGE!
So Trump has gone full China. 14% stake in Intel making the USG the largest investor. Next, a board seat or two. Next, “Politically aligned” company strategy. What companies are next? Just like China. Where in the hell are the true market-economy conservatives?
#ETTD
Kinda too little, too late ya think? You inserted him into your company...
He's actin like it is a done deal and making lots of money for him!
But they still agreed for that $10Bn deal with the devil
Moore's Other Law: The number of grifters in a corrupted system doubles about every two weeks.
suck up's remorse?
They may face backlash from backlash.
too bad - you made him king
Lawyer UP everyone!!
Intel needs to innovate and succeed on its own merits that's the bottom line. They clearly have the wrong people driving innovation because they are... Failing.
And yet they still went along with it🤔. Were other threats to the company made behind the scenes, besides the public ones?
Trump bankrupts everything he touches. Be warned, ‘Murica.
Oh, we know.
So they can say no to the deal and if the CEO and board are too chickenshit then they alone will be responsible for killing the company!
Duh!!! ANYTHING associated with that orange lunatic is in trouble!! He’s incompetent! He’s a thief!! He’s amoral!!!! He’s a fascist pig!!!!
A lot of people will no longer have anything to do with Intel for this reason!
ETTD
Which part of Intel is warning us...the PR Dept.... because it was the CEO who agreed to the Trump deal.
There has been no deal and the CEO didn't agree with anything. Trump just stole 10% of Intel and told 300 million American idiots that he made another deal. The panic goes directly from the Intel CEO
Did he agree or was he coerced? I honestly have no idea.
Then WTF did they allow it?!
Isn’t this the very thing Republicans criticized Obama about when the govt intervened to save the US car companies from bankruptcy?
But don’t worry, I’m sure Trump will make sure the government buys billion$ of inferior chips from Intel since that was the quo for the 10% quid.
Chairman Trump will bail Intel out. Welcome to a government run economy.
Well, when you make a deal with the devil, things get hot.
No one is going to buy a trump branded microchip. If everyone thought trump steaks was a disaster then they ain't see nothing yet.
As Jean-Luc Picard says "Make it so..." 😏
It’s always the same non-Nazis that warn about Nazis. I sure hope WaPo and the grey lady will write pro & con about the descent into fascism!
But AMD instead. Though, I feel badly for my friends who work for Intel.
Watching your guests on CNBC defending the end of the free market was surreal. Unfuckingbelievable.
Is there anything more compelling than watching the CNBC talking heads trying to navigate this clown show? They all got their Mr. Dream Date as POTUS and now none of them can own up to their colossal mistake. JFC ...
Unbelievable.
"It's a good thing we're China now. Also, Eurasia is our ally and we've always been at war with Eastasia."
