If we really care about fostering and furthering these resources, we need to free them from being held captive, under-utilized and mis-allocated inside a repeatedly failing corporation - not propping up failing corporations. If the resources in question really are both viable and valuable, releasing them will allow the free market to do what it does best - efficiently allocate resources.
No central planning committee created U.S. economic leadership by picking which corporations to subsidize, so no central planning committee can "preserve" or restore that leadership by picking "winners" to subsidize. We need to let Schumpeter's creative disruption keep doing it's job of cleansing, educating and renewing the market through re-allocation of resources. That's what put us in the lead and it's what will keep us there.
Case in point: GlobalFoundry had EUV machines but returned them to ASML as they weren't able to compete technically and capital wise. They would be the best to take over Intel's assets but they weren't competitive years ago, why would they be now?
2) idk where you're getting the idea that Intel is paying massive dividends when it has been one of the worst performing tech stocks for years. The SW companies juiced up on low interest rates have done far better.
Yeah. Channelling Michael Dell, October 6, 1997, they should shut it down and give the money back to the shareholders.
Or more seriously, everything changes over time. Intel goes from good to bad, GlobalFoundry can go from bad to good.
Earlier this month, Intel announced that they've suspended dividend payments entirely. Prior to that, their dividend payments were decent but far from "massive".