I think it would've been much better to incentivize the likes of Apple and Nvidia to make investments in Intel. They need to have their designs fabbed, they have a good amount of geopolitical risk. They also have a lot of money on hand. Didn't Apple say they were going to invest $600B into the US? (not that that's really going to happen), ok, so why not put $50B into Intel?
>>electr+si
Their dragon’s hoard of cash is only being used for financial engineering.
Their finance team axed a meager $10B dollar investment to improve Siri thereby making Apple the laughing stock of the tech industry players who say they are working on AI.