Seeking Alpha subscribers are critical of U.S. government stake in Intel

[Intel Lays Off 4000 Workers In Several States]

The U.S. government has picked up a roughly 10% stake in Intel (NASDAQ:INTC [https://seekingalpha.com/symbol/INTC]) for $8.9B and primarily funded by federal grants, but the debate continues over whether this is a good idea.

Intel's (NASDAQ:INTC [https://seekingalpha.com/symbol/INTC]) shares rose about 12% since media reports began surfacing of the government stake plan a couple of weeks ago. But shares pared some gains on Monday after the chipmaker flagged some risks arising [https://seekingalpha.com/news/4488912-intel-rises-even-as-it-says-new-us-stake-ups-risks] from the stake, such as the impact on future grants and its international sales.

Some analysts think Intel (NASDAQ:INTC [https://seekingalpha.com/symbol/INTC]) could benefit from the government's support, but others believe the investment won't resolve its deeper technological and competitive issues.

Most Seeking Alpha readers don't think it's a good idea, according to this week’s survey [https://docs.google.com/forms/d/e/1FAIpQLSeE3ZOuHO7Z935_cUJNeYXVkXC3y0uj8ovxhxRDMdZfZxySeA/viewanalytics] on Wall Street Breakfast, which gathered over 2,600 responses.
[Seeking Alpha survey results]
Seeking Alpha survey by Wall Street Breakfast

FROM THE SA COMMENTS SECTION [https://seekingalpha.com/article/4816412-taking-more-power-over-the-economy]: "I pay the government to protect my rights, not to tyrannically force me into investments - government entering the economy is by its nature destructive," DCaless wrote. "Loans? Maybe. Grants? Maybe. Ease regulations? Maybe. Equity stake? No," Zyman chimed in. _See more commentary from SA subscribers here. [https://seekingalpha.com/news/4488672-the-federal-government-is-taking-more-power-over-the-economy]_

MORE ON INTEL

* Intel's Big Break: Trump, SoftBank, And Fed Rate Cuts Could Spark A Comeback [https://seekingalpha.com/article/4816145-intel-big-break-trump-softbank-and-fed-rate-cuts-could-spark-comeback]
* Intel Value Deteriorates As Competition Intensifies And Foundry Capex Continues [https://seekingalpha.com/article/4816105-intel-value-deteriorates-as-competition-intensifies-and-foundry-capex-continues]
* Intel: Interested Parties Do Not Necessarily Interest Me [https://seekingalpha.com/article/4815738-intel-interested-parties-do-not-necessarily-interest-me]
* Intel receives moderately positive analyst reactions on U.S. investment [https://seekingalpha.com/news/4488919-intel-receives-moderately-positive-analyst-reactions-on-us-investment]