Killed the provisions Intel actually had to complete the projects, gave them the money, and took stocks in exchange.
Art of the Deal.
Few-Bass4238 on
So Trump’s government is purchasing stakes in companies to nationalize them and have the government owns the means of production. Is this not the “communism” that Republicans have warned us about?
Romano16 on
Tech bros would be fuming if they weren’t told to hate immigrant H1B workers.
The hilarious part is I know a guy who is MAGA but he boasts about how cheap it is to hire an Indian to maintain his WordPress site for his business. Told me it’s common sense to hire them then pay thousands on an American.
He recently told me he’s thinking of going into consulting to build other people’s website but then will pay developer who made his WordPress site to do the work.
Amazing how they don’t see the hypocrisy.
ToaruBaka on
We’ve know this for weeks? Maybe months?
supercali45 on
Now ex TSMC exec under arrest for shady shit
Uberubu65 on
The CHIPs Act was intended to bring new investment and jobs to the US in the semiconductor and tech industrias, NOT for the Federal government to buy an equity stake in a US company.
reddittorbrigade on
Trump is a convicted criminal and child rapist.
Everything he does is illegal.
Ornery-Ticket834 on
I always knew he was a socialist at heart.
FIicker7 on
If Trump had invested what he invested in Intel into Photonics chips startups, it would have gotten 10x return than his Intel investment.
10 Comments
Actual headline seems better to me:
> Trump Slammed Biden’s $52 Billion CHIPS Act. Then He Used It To Buy a Federal Stake in Intel.
https://www.reddit.com/r/Politics/wiki/index/#wiki_do_not_create_your_own_title
Killed the provisions Intel actually had to complete the projects, gave them the money, and took stocks in exchange.
Art of the Deal.
So Trump’s government is purchasing stakes in companies to nationalize them and have the government owns the means of production. Is this not the “communism” that Republicans have warned us about?
Tech bros would be fuming if they weren’t told to hate immigrant H1B workers.
The hilarious part is I know a guy who is MAGA but he boasts about how cheap it is to hire an Indian to maintain his WordPress site for his business. Told me it’s common sense to hire them then pay thousands on an American.
He recently told me he’s thinking of going into consulting to build other people’s website but then will pay developer who made his WordPress site to do the work.
Amazing how they don’t see the hypocrisy.
We’ve know this for weeks? Maybe months?
Now ex TSMC exec under arrest for shady shit
The CHIPs Act was intended to bring new investment and jobs to the US in the semiconductor and tech industrias, NOT for the Federal government to buy an equity stake in a US company.
Trump is a convicted criminal and child rapist.
Everything he does is illegal.
I always knew he was a socialist at heart.
If Trump had invested what he invested in Intel into Photonics chips startups, it would have gotten 10x return than his Intel investment.