zlacker

We haven't invested any public dollars into Intel, we just took 10% of it.

>>russel+(OP)
The US government is paying about $9B to Intel for this (on top of the $2B already paid).

>>Beetle+B6
> "About $7.8 billion had been been pledged to Intel under the incentives program, but only $2.2 billion had been funded so far. Another $3.2 billion of the government investment is coming through the funds from another program called “Secure Enclave.”"

The funds were already going to Intel. Trump just decided to demand 10% of the company for the already earmarked incentive programs. It was pure extortion.

>>russel+5K2
> The funds were already going to Intel.

That's not a given - even under Biden: >>44993388