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Nicholas Grossman
nicholasgrossman.bsky.social
did:plc:756gaaeewovgn4axja34ajne
For the US govt partially nationalizing Intel, they didn't pay shareholders for the 10% the state now owns, right?
As far as I can tell, they converted grants to equity. So it's statist intervention + an investor haircut. Though they may get it back in stock price rise due to a corrupt govt boost.
2025-08-24T12:57:17.306Z