The Kinetic War Hedge—Explaining the Government Acquisition of Stakes in Intel
Description
There was much stir about the Trump administration taking a stake in Intel. But was it for the right reasons?
While many people were caught up arguing over “state capitalism,” the real issue may be how this confronts China.
The Chinese Communist Party (CCP) may be looking to monopolize the global chip-manufacturing supply chain. Capturing Taiwan, for example, the world’s breadbasket for state-of-the-art chips, has been on its agenda.
Terri describes how the United States’ stake in Intel may be its way of hedging its bets against the CCP taking control of that vulnerable supply chain.
Views expressed in this episode are opinions of the host and guests and do not necessarily reflect the views of The Epoch Times.
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Terri Wu is a Washington-based freelance reporter for The Epoch Times covering education and China-related issues. Send tips to terri.wu@epochtimes.com.
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