Intel Brags of $152 Billion in Stock Buybacks Over Last 35 Years. So Why Does It Need an $8 Billion Subsidy? | Common Dreams
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What’s to stop the chip-making giant from shoveling taxpayer grants into more stock buybacks?
  • Yer Ma
    1·
    6 months ago

    Need and want are very different things

  • Pennomi@lemmy.worldEnglish
    01·
    6 months ago

    Because the government wants to incentivize building more manufacturing domestically instead of internationally. This is how things work.

    • gibmiser@lemmy.world
      1·
      6 months ago

      So make it a legal requirement that devices sold in the US have chips made locally or have an added tariff. It’s not hard to figure out alternative solutions, they just don’t want to use them because…

      You know.