Forbes on Intel woes: You know you're in trouble when you go to the government for help
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They passed that horrible act and overnight the silicon wafer plants in my area shut down.
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Did the paul pelosis sell his wifes stock In Intel yesterday
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Where is the money?
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This is what Intel gets for replacing US employees, even in the US, with non US employees. Much of it sponsored by the US government. If anyone believes the Ohio plant would bring jobs for US citizens, they are sadly mistaken. Pat really needs to go.
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Typical clueless cavuto. Intels gpu's are better than amd's and getting to nvidia levle. I Intels new architecture (3nm) core ultra that releases in a few weeks are insanely good. That means they will release there entry level cpu With 8 full cores. The equivilant to I5 core ultra is competitive with current Gen top of the line. Intel is about to change the entire cpu market. Add to the fact that their gpu's are over achieving for such a new product and you have a bright future. This from someone that hate intel's woke policies
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Trump is surging in the polls leaving the lil victims worried they might have to go to work 😐👍🇺🇲
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Intel was full of arrogance. They didn’t evolve and wanted the easy money doing the same product over and over again. Now every competitor is offering something new to the market. Intel has nothing to offer
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Intel is a major victim of the following three structural, long term transitions among others in IT: 1) PC to mobile as the critical industry driver; 2) IDM (integrated device manufacturing) to design-foundry combination (disintegrated industry structure), and 3) shift of focus from CISC to RISC architectures for power efficiency (related to #1).
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Intel is a victim of the sanctions against China.
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Tell Forbes to pay his fair share. He pays less than 10%!
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So the New CEO after the last did his bit to the business was betting the Farm on a new lithography process intended to short build times by half… has as it seems shouldnt have bet the farm waiting on CHIPS money and just like everything else the GOV does its always DELAYED. having said that what about all those that got Obummers handouts… GM and the like that were "to big to fail" the FREE MArket will ALWAYS decide the winners and losers in the long run
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Solendera, here we go again.
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Forbes starting to skip a beat😢
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Kirk Douglas once said I’m not your boy in any sense sir ☝️
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And we know what the mentally ill will do they lie
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Trump doesn't have to talk we already know Trump we know what he's going to say we know we can trust him just let the moron speak
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The classical economists beginning with Adam Smith identified the economic rents of feudal landlords as being the problem preventing a free market that the government should solve. This basically means to tax away rentier income, and they would then add, to invest it in reducing the cost of production with things like public infrastructure, health care, and education, to reduce the cost of living, and therefore the cost of labor.
However, the goal of mainstream economic education is to avoid any threat to rentier income, so it is a farce. By definition, rentier income derives from ownership alone, not from anything productive, so it is an extraction from the real economy of producing and consuming goods and services, what you might call theft, subject to tax. Another way to define economic rent is the difference between the socially necessary cost, and the price.
“Rentiers derive income from ownership, possession or control of assets that are scarce or artificially made scarce. Most familiar is rental income from land, property, mineral exploitation or financial investments, but other sources have grown too. They include the income lenders gain from debt interest; income from ownership of ‘intellectual property’ (such as patents, copyright, brands and trademarks); capital gains on investments; ‘above normal’ company profits (when a firm has a dominant market position that allows it to charge high prices or dictate terms); income from government subsidies; and income of financial and other intermediaries derived from third-party transactions.”
Standing, Guy. The Corruption of Capitalism: Why rentiers thrive and work does not pay (p. 94).
Please explain how rentiers getting something for nothing means work pays less.
Sent by Copilot:
Rentiers, or those who earn income from ownership of assets rather than from productive work, can impact the economy in several ways that lead to lower wages for workers. Here’s how:
Resource Allocation: Rentiers often control significant resources, such as land, real estate, or financial assets. When these resources are used primarily to generate rent (unearned income), they are not being used for productive investments that could create jobs and increase wages1.
Economic Rents: Economic rents are payments to asset owners that exceed the cost of providing the asset. For example, landlords charging high rents for property or banks earning high interest on loans. These rents do not correspond to any productive activity and can drain resources from the economy, reducing the funds available for wages and productive investment2.
Market Power: Rentiers often have significant market power, allowing them to set prices and wages. This can lead to monopolistic practices where wages are kept low to maximize profits. For instance, large corporations might suppress wages to increase dividends for shareholders3.
Investment in Financial Assets: When wealth is concentrated in the hands of rentiers, there is a tendency to invest in financial assets rather than in productive enterprises. This can lead to financialization of the economy, where profits are made from financial transactions rather than from producing goods and services. This shift can reduce the demand for labor, leading to lower wages3.
Policy Influence: Rentiers often have significant political influence, which they can use to shape policies in their favor. This can include tax policies that favor capital over labor, reducing the overall tax burden on rentiers while increasing it on workers. Such policies can exacerbate income inequality and suppress wages2.
In summary, rentiers getting something for nothing means that resources are diverted away from productive uses, reducing the overall demand for labor and suppressing wages. This dynamic contributes to a less equitable and less productive economy.
Does this help clarify the concept for you?
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What is "the government"?
The US empire (including Democrats and Republicans) is ruled by the private transnational rentier oligarchy at the top of Wall Street (the deep state).
“Today, the statistics are good. They reveal that 50 percent of the world’s wealth is in the hands of US-based corporations, even though the national account, GDP, is not anywhere near that.”
Chomsky, Noam; Waterstone, Marv. Consequences of Capitalism: Manufacturing Discontent and Resistance (p. 138).
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They're losing to AMD in the desktop, laptop, server spaces and can't compete with TSMC's manufacturing process technology.
The only recent thing they did that I thought was ground breaking was their 3DXpoint memory but they went and killed that off.
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I recently sold some of my long-term position and currently sitting on about 250k, do you think Nvidia is a good buy right now or I have I missed out on a crucial buy period, any good stock recommendation on great performing stocks will be appreciated.
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But government don't no me…
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Im sure the politicians behind the chips act made a ton of cash.
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our economy was strangled by Biden economic policy. The fed probably could've dropped rates sooner if the economy hadn't been in a tailspin for so long.
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No one uses intel anymore they’re done
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I'm from the government and I'm here to help is the worst thing you can ever hear.
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Business and social laws roll back to years 1920(30)(?)in state 52 federal employees government New lawyer DV Dr office maybe too
Like reck we computer see Dr and office and maybe maybe hospital and health Department and business each others really matters government and social record lawyer DV to in office and maybe more people working with people and right 💯 -
I work for a competitor to Intel. Thus, I opposed the government handout to Intel. I also understand that success in the semiconductor industry is not just about money. Having the right process in place very important. If you have the wrong process, money alone will not correct that issue. I do not know all the issue that Intel is facing but I suspect their wafer fabs are not able to produce the same products as TSMC. And our government does not understand the industry. Imagine a bunch of lawyers trying to fix an issue in the semiconductor industry.
If you really want to help the semiconductor industry, review all the regulations in place and reduce regulations. Review the tax code to help with the massive investments required to build a state of the art fab.
Lastly, review the results of this legislation that was celebrated as the solution. Did it work? Or did it make things far worse like the Great Society Programs?
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Intel has nothing to offer the electronics industry. China, Samsung and Taiwan torpedo their number one spot years ago
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Intel is the Kmart or Sears of the semi industry. The future is bleak for INTC.
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Slow or stop growth in government jobs and healthcare will tank the economy…
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Plan b. Go the way of Worldcom
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lol china does not even need ASML😂 Americas days are done. a 23 million isle makes better chips, thats a shame
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Intel also went woke internally, getting rid of many experienced engineers because they were older white males while hiring new inexperienced engineers based on their gender and skin color rather than their capabilities. The company is now reaping the results of those actions.
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Shadow banned.
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My comment is being deleted each time. Intel has control of this channel.
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A confirmed recession would be perfect timing for Trump! 🙏
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Theory and actual manufacturing are two different things. Intel doesn't have the know how to do it and never will.
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If Americans think it still leads in semiconductor then just wait for Xi Jinping to invade Taiwan. Forget about having chips for planes and missiles to fight war. There won't be any chip for phones to make call. Samsung and TSMC are only high tech foundries out there and remember they are not american companies.
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Mfg jobs are being lost, but the gov is creating gov jobs.
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Everything Biden has done turned to crap 👽👿👇
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When Andy ran the place he was tough and the company was #1 in the business. Fast forward and look at Intel now. It seems there needs to be an ah at the top to keep people from coasting.
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David n steve two American patriots luv these guys great review boys these fellas are tops
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