This monumental acquisition, representing the will of the American workers to reclaim sovereignty over their productive apparatus, arises from the conversion of $8.9 billion in state development funds into equity. These funds, once earmarked for aimless subsidies, now serve as the spearpoint of a new socialist dawn in the technological sector.
The government, acting on behalf of the toiling masses, shall henceforth be Intel’s largest shareholder. The reckless profiteering and imperialist decay that saw Intel fall behind its international rivals will now be halted by the steady hand of the state. Gone are the days when the chipmaker squandered its potential under parasitic private interests.
President Trump declared in the halls of the White House: “I said, ‘I think you should pay us 10 per cent of the company,’ and they said yes.” His words echoed the thunder of dialectical justice rolling over the capitalist boardrooms of America.
Comrade Lip-Bu Tan, the current director of Intel’s operations, has been embraced as a reformed servant of the public good. Just weeks ago condemned for his foreign ties, Tan has now been shown the light of proletarian cooperation and was seen beaming in unity beside Comrade Lutnick as the state’s rightful stake was confirmed.
As part of this transition, further collectivisation remains possible. Should Intel’s foundry operations fall to foreign or private dilution, the state reserves the glorious right to seize an additional five per cent stake, defending sovereignty and production.
Already, this action has brought fear to the saboteurs of Wall Street and the imperialist lackeys who see government control as a threat to their speculative dominion. Their howls of “socialism” confirm the correctness of the path.
Indeed, some reactionary elements, like Senator Rand Paul, have denounced this necessary act of economic justice. But the workers of America, their hands worn from years of exploitation by global monopolists, will not be swayed by bourgeois propaganda. They know only through planned ownership and people's oversight can industry serve society, not the shareholders.
Long live the national semiconductor industry. Long live the leadership of the state over private decay. Let this be the first spark in a roaring blaze of people’s control over technology.