Washington Just Bought A Chunk Of Intel, But You Can't Buy Innovation
1. U.S. government acquires 10% stake in Intel, converting $8.9 billion in funds. 2. Intel warns of risks, including dilution and complicated global sales post-ownership. 3. Concerns arise that government stake ties Intel's decisions to policy rather than market. 4. Comparisons made to Sears' decline due to lack of innovation and adaptability. 5. Alternatives suggested for aiding chipmakers without government equity involvement.