Trump Embraces Socialism, Nationalizes Failing Chipmaker
President Donald Trump has, for some reason, buying a 10 percent stock in the troubled chipmaker Intel, a bizarre move that seems to suggest he agrees with at least some aspects of socialist doctrine. In a press release, the once-dominant chipmaker announced that the US government is purchasing $8.9 billion in company stock to "support the continued expansion of American technology and manufacturing leadership." "As more companies look to invest in America, this administration remains committed to reinforcing our country’s dominance in artificial intelligence while strengthening our national security," US commerce secretary Howard Lutnick said in the same statement. Reading […]
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