this post was submitted on 06 Aug 2025
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I expect the real issue here is that Cotton doesn't abide by having a non-white CEO at the helm of a good ol' American company. That said, Cadence was caught with their pants down, and should be punished accordingly.

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[–] just_another_person@lemmy.world -2 points 3 days ago (27 children)

Unless you've been reading different news, they aren't receiving abnormal amounts of funds from the government. There was the CHIPS act, which has unfortunately been defunded.

What are you speaking about specifically?

[–] socialsecurity@piefed.social 1 points 3 days ago (6 children)

they aren't receiving abnormal amounts of funds from the government.

This made me chuckle. I didn't realize chips money was completely removed...

Intel can't fail, government will bail them put and when they do, it should be nationalized

[–] just_another_person@lemmy.world 1 points 3 days ago (5 children)
[–] socialsecurity@piefed.social 0 points 3 days ago (1 children)

Intel has already received $2.2B in federal grants for chip production

https://techcrunch.com/2025/01/30/intel-has-already-received-2-2b-in-federal-grants-for-chip-production/

They got 300m form ohio too...

So your statement above is wrong?

[–] just_another_person@lemmy.world 1 points 3 days ago (1 children)

Opening paragraphs exactly what I said.

[–] socialsecurity@piefed.social 1 points 3 days ago (1 children)

Sure buddy... That's 2.5 billion Intel took in state aid without any equity being issued to the taxpayers.

[–] just_another_person@lemmy.world 1 points 3 days ago (1 children)

That's Trump's idiotic doing, not the company.

[–] socialsecurity@piefed.social 0 points 3 days ago

That's what biden gave Intel... Trump took the remain 5b.

You don't know what you are talking about. You made several factually incorrect statements within this thread.

You are talking out of your ass. Take the L, got read up om the issue.

Happens to the best of us

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