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1. Beetle+(OP)[view] [source] 2025-08-22 22:24:44
The US government is paying about $9B to Intel for this (on top of the $2B already paid).
replies(1): >>russel+uD2
2. russel+uD2[view] [source] 2025-08-24 02:23:25
>>Beetle+(OP)
> "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.

replies(1): >>Beetle+AG3
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3. Beetle+AG3[view] [source] [discussion] 2025-08-24 15:08:17
>>russel+uD2
> The funds were already going to Intel.

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

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