this post was submitted on 02 Nov 2024
147 points (99.3% liked)

PC Gaming

8568 readers
501 users here now

For PC gaming news and discussion. PCGamingWiki

Rules:

  1. Be Respectful.
  2. No Spam or Porn.
  3. No Advertising.
  4. No Memes.
  5. No Tech Support.
  6. No questions about buying/building computers.
  7. No game suggestions, friend requests, surveys, or begging.
  8. No Let's Plays, streams, highlight reels/montages, random videos or shorts.
  9. No off-topic posts/comments, within reason.
  10. Use the original source, no clickbait titles, no duplicates. (Submissions should be from the original source if possible, unless from paywalled or non-english sources. If the title is clickbait or lacks context you may lightly edit the title.)

founded 1 year ago
MODERATORS
[email protected]
[email protected]
[email protected]
147
Intel might be too big to fail — Washington policymakers are already discussing potential solutions if the chipmaker cannot recover (www.tomshardware.com)
submitted 1 week ago by [email protected] to c/[email protected]
42 comments fedilink hide all child comments
you are viewing a single comment's thread
view the rest of the comments
[–] [email protected] 18 points 1 week ago (1 children)

Let’s start with what we’re not doing. We’re not handing out money to private investors in the old “socializing losses privatizing profits” bullshit we’ve been doing since the nineties.

So, if there’s a compelling national security reason to keep the company alive, we, the state buy it. Then we, the state, run it. We run it in a way that benefits our interests as owners and customers.

Maybe a few years down the line we can find a way to sell it (or our share in it) in a way that satisfies our national security requirements and makes us a load of money. This is not unheard of, see the acquisition and subsequent sale of ABN AMRO by the kingdom of the Netherlands.

Maybe split it up, write off some parts, sell some others, keep others.

Or we strip maybe it’s IP, and license it out to contractors to get the shit we need.

We can do whatever. We own it.

[–] [email protected] -3 points 1 week ago (1 children)

A tech company is not like a bank though, its value is not just in assets but in expertise. Is the plan to layoff all the engineers or pay them less? Is the plan the company generates profit? What if it can’t compete anymore and is just a money sink? And if you’re just going to sell it for assets then how’s that different from letting the company go bankrupt?

And licensing it out to contractors? That just sounds like a huge money sink.

[–] [email protected] 8 points 1 week ago

Listen, Intel is fucked. It’s fucked right now, and getting bought out by someone else isn’t magically going to unfuck it. Saving the company is going to take money and effort.

We can also just let it go up in flames. No skin off my back.