• ArtikBanana@lemmy.dbzer0.com
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    6 months ago

    Tiktok is owned by ByteDance, which is headquartered in China and was founded by Chinese.
    Intel is headquartered in the USA and was founded by Americans.

    Intel is investing in Israel for the same reason other companies like Nvidia do (who just acquired another Israeli startup last month and has 7 R&D centers in Israel). Innovation and talent.

    • Linkerbaan@lemmy.world
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      6 months ago

      Buying a startup and building a new factory are entirely different.

      Intel is investing in israel because the board members and owners are israeli and they are ideologically motivated to support the Apartheid state.

      It does not take a genius to realize that making your biggest investment ever in an active war zone where WW3 is likely to pop off is not a great plan. It would be like Russia starting a chip factory in the Donbass.

      In any case the stock doesn’t fall without reason. And unlike AMD with Ryzen there does not seem to be a magical comeback plan for Intel that is paying off over time. ARC has failed to deliver.

      And if we wanna do semantics TikTok is not owned by China either