Intel Investment: Cronyism or National Security?

Is the Intel deal a game-changer or government overreach? Palantir co-founder Joe Lonsdale raises concerns about the US government's massive $8.9 billion investment in Intel, calling it potential cronyism. Fueled by the CHIPS Act, this unprecedented move resembles a sovereign wealth fund strategy, sparking debate about the future of government involvement in private enterprise and whether it truly benefits national security or sets a risky precedent. Hosted on Acast. See acast.com/privacy for more information.