Trump Embraces Socialism, Nationalizes Failing Chipmaker

It can end with politicians with strange roles in this chaotic age, but some economic principles cannot actually violate: calls to secure the industry usually come from the left, while the right is firmly opposed to these efforts in favor of market -based solutions.

However, for some reason, President Donald Trump has ordered the United States government to obtain a 10 percent stake in the troubled Intel-a strange and impractical step that is encouraged through the ideological spectrum.

In a press release, the dominant chips maker announced that the United States government is buying $ 8.9 billion in the company’s shares “to support the continuous expansion of American technology and industrial leadership.”

“With more companies investing in investing in America, this administration remains committed to strengthening the dominance of our country in artificial intelligence while enhancing our national security,” said US Secretary of Trade Howard Lootnick at the same statement.

To clarify what is clear, Intel is not currently a profitable bet. The semi -conductors have been very required for decades – do you remember “Intel Inside” stickers on Pentium sports computers? But heading to the era of artificial intelligence, it has lost an amazing amount of Earth in front of the NVIDIA chips, which acquired the market with devices specifically designed to train and operate advanced machine learning algorithms on an incredible scale, and thus exceeded Intel revenues several times.

Although it represents the ingenuity of Silicon Valley for many years, such as Metli is a lie It was observed at the beginning of this year, the Intel shares decreased by 60 percent in 2024 alone, as it decreased to less than 20 dollars by late December. This is a particularly amazing fall from Grace if you reduce, as the share price paid $ 70 in 2021 years before the decline. (The price of his share decreased shortly after Trump’s news, but eventually he decreased by a percentage over the course of Monday.)

The contradiction with the financial situation of amazing NVIDIA; During the same period that INTEL decreased since 2021 or so, the NVIDIA share price increased by more than 1,000 percent.

Although the bad financial step may be investment, truly Something puzzling is that Trump is effectively given Intel-which is the distinctive feature of the same socialist ideologies he hates when MP Alexandria Okasio Cortez, and recently, the nominee of the mayor of New York City Zahran Mamdani.

There is one certain thing: this step-which Trump woven as “the art of deals”-exchanged similar to his offer to buy 10 percent of Intel instead of the CEO-causing friction with his Republican colleagues.

In a video posted on X, Eric Ericsson, the influential governorate radio host, Mamdani, was killed directly when calling Intel Investment.

“Many of you have opposed his desire to seize the means of production in New York City, but they are fine with the Minister of Trade in Trump who wants the United States government to become the largest contributor to Intel,” said Ericsson. “This is a socialism with the name of its name.”

Paul told Politico After hearing the deal last week. “If this conservatives believe this now, they hand over the democrats a plan to expand the ownership of the government to the private sector later. Socialism is literally the government governs the means of production.”

Meanwhile, Senator Bernie Sanders, who gathered with the Democrats, walked to himself as a democratic socialist, on the line between the praise of the purchase of Intel and his criticism for not going to a large extent.

“The taxpayers should not provide billions of dollars in the caring of companies for large and profitable companies such as Intel without obtaining anything in return,” Sanders said in a statement. “If the micro -chips companies make a profit from the generous grants they receive from the federal government, American taxpayers have the right to a reasonable return to this investment.”

This last warning-this ordinary people should get some investment in nearly 9 billion dollars in the event of Intel’s prosperity after the United States government has become the largest individual interest-based-represents a distinction between real nationalization of the socialist style of industry and anything that Trump does.

Unfortunately, any Intel gains for NVIDIA will be very tolerant, so the American people may find themselves waiting for a long time-or perhaps forever-for a strong return on investment.

Without deterrence, Trump immediately pledged to implement more similar deals.

“People come and need something,” he said. “I hope I have many cases like that.”

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