Nvidia takes $5B stake in Intel under September agreement (reuters.com)

Going to the September article, I see:

> The stake will make Nvidia one of Intel's largest shareholders, giving it roughly 4% of the company after new shares are issued.

Is that 4% still accurate?

Considering how much money Nvidia has, it might as well buy the whole company and bring Intel back from the brink.

So the largest individual shareholders of Intel are:

1. US Government

2. Nvidia

3. Softbank

Interesting turn of events for the company...

Once again I am reminded of the circular nature of money flowing around in this economy. Michael Burry even commented on this, citing it as rhyming like other economic failures previously.

Well, that's dark.

That should ensure Intel stops being the only viable AI competition to Nvidia.

I'm willing to be convinced different, but I think it would be better if companies had to be owned by a person or people ie that companies can't own companies.

It seems a layer of indirection that is more harmful than useful.

I’ve heard that centrally planned economies are great.

I'm sure this will be fine when Nvidia stock finally tanks

The circle jerk gets increasingly jerkier.

At some point money from outside the sector is supposed to come in to the sector, right?