Intel Wants Public Money to Make Rich Shareholders Richer

Intel is awash in cash, spending billions on stock buybacks that made shareholders even richer. Yet the Biden administration is poised to give the company a no-strings-attached bailout that could further enrich those same shareholders.
Read more: https://jacobinmag.com/2022/03/intel-microchip-manufacturing-biden-administration-chips-act-subsidy-stock-buybacks?source=Snapzu