The sentiment was not bad. TSMC is a shining example of how fab subsidies can be a good idea, and Intel’s fabs going under is bad and basically irreplaceable. Like… I am still happy with my tax dollars taking the risk, and Intel was clearly trying to right the ship when CHIPS was conceived.
But theres clearly rot in Intel. Thats a big difference I guess, as TSMC was built from the ground up (in a time where that was possible) while Intel is already weighed down with its sins.
I absolutely do, the company buys it’s own stock.
So if the company has a 1000 dollars, and buy for a 1000 dollars shares, it changes nothing for the remaining stockholders.
And the one who sold his stock, just got market value, nothing more nothing less.
The company now has a 1000 dollars less, but there is also for a 1000 dollars less stock. So the inner value per remaining stock remains the same.
Originally when the stock was sold, the money went to the company, when the company buys it back, it’s much like paying back a debt. But apart from that, Intel hasn’t done any buybacks for more than 3 years.
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The sentiment was not bad. TSMC is a shining example of how fab subsidies can be a good idea, and Intel’s fabs going under is bad and basically irreplaceable. Like… I am still happy with my tax dollars taking the risk, and Intel was clearly trying to right the ship when CHIPS was conceived.
But theres clearly rot in Intel. Thats a big difference I guess, as TSMC was built from the ground up (in a time where that was possible) while Intel is already weighed down with its sins.
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Where do you get the 100 billion USD amount from?
AFAIK Intel has received less than $10 billion.
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That is simply not true, and Intel has only gotten less than $10 billion from CHIPS.
AFAIK they’ve actually only received 1 billion of that.
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I absolutely do, the company buys it’s own stock.
So if the company has a 1000 dollars, and buy for a 1000 dollars shares, it changes nothing for the remaining stockholders.
And the one who sold his stock, just got market value, nothing more nothing less.
The company now has a 1000 dollars less, but there is also for a 1000 dollars less stock. So the inner value per remaining stock remains the same.
Originally when the stock was sold, the money went to the company, when the company buys it back, it’s much like paying back a debt. But apart from that, Intel hasn’t done any buybacks for more than 3 years.
https://ycharts.com/companies/INTC/stock_buyback
Maybe you misunderstood how it works?
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