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The Visible Hand: Is America Abandoning Free-Market Capitalism?

Many Happy Returns

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US Semiconductor Strategy: A New Era

This chapter analyzes the U.S. government's recent stake acquisition in Intel as part of its strategy to bolster domestic semiconductor manufacturing and counter foreign competition. It explores the implications of this interventionist approach on corporate relations, trade policies with China, and the evolving landscape of American capitalism and national security. The discussion also addresses the complexities of AI chip exports, the monopoly exerted by companies like NVIDIA, and the strategic importance of maintaining technological dominance.

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