It’s always laissez-faire capitalism until some big company has issues, then all of a sudden it’s state capitalism.
Anyway, supposedly the government doesn’t have a board seat, so it should have limited power. However, who knows what the unspecified “limited exceptions” are for it to be allowed to vote. I don’t really think this makes much difference from the status quo other than the US being able to pressure Intel slightly more easily and further tying Intel to the US. However, it’s probably something to watch in case the government starts trying to vacuum up other shares to gain majority control, voting power, etc. If something like that happens, I’d be wary of using consumer Intel products.
It’s always laissez-faire capitalism until some big company has issues, then all of a sudden it’s state capitalism.
Anyway, supposedly the government doesn’t have a board seat, so it should have limited power. However, who knows what the unspecified “limited exceptions” are for it to be allowed to vote. I don’t really think this makes much difference from the status quo other than the US being able to pressure Intel slightly more easily and further tying Intel to the US. However, it’s probably something to watch in case the government starts trying to vacuum up other shares to gain majority control, voting power, etc. If something like that happens, I’d be wary of using consumer Intel products.