Hacker NewsMar 28, 2024
Intel Brags of $152B in Stock Buybacks. Why Does It Need an $8B Subsidy?
https://www.commondreams.org/opinion/intel-subsidy-chips-act-stock-buyback
#ycombinator #chips_act #corporate_power #inequality #intel #labor #les_leopold #mass_layoffs #working_class #stock_buybacks
Intel Brags of $152 Billion in Stock Buybacks Over Last 35 Years. So Why Does It Need an $8 Billion Subsidy? | Common Dreams

What’s to stop the chip-making giant from shoveling taxpayer grants into more stock buybacks?

Common Dreams