$インテル (INTC.US)$ the government money grab by Intel does not...
the government has a history on betting on which companies are going to win and lose and all one has to do is look at the solar push by Obama and the tens of billions of dollars of taxpayers money that went into all of these companies that were going to supposedly profoundly change energy production for America.
the stocks went to zero the companies went out of business taxpayers lost tens of billions of dollars.
Intel has a horrible CEO he's lousy he will never change if you want Intel stock to appreciate in value you need to have him quit resign pack his bags and leave just like Starbucks.
the money that Intel has already received for their foundry in California and this three and a half billion dollars of additional money is so constrained by dei and woke requirements that it will make it impossible number one for these foundries to be built on time number two for them to operate at a profit.
pushing American ingenuity to publicly traded companies is asinine these companies should be able to make money on their own two feet without taxpayer intervention. making wrong choices in the past is going to equate to making wrong choices in the future and gelsinger is a complete failure so why would his future decisions be any different than everything else that he has done that has resulted in an 80% loss in shareholder value since he has taken over the helm of Intel.
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