I highly doubt the US government will let Intel sink. I think one way or another they will bail them, either by emergency funds or through government contracts, and keep the lights on until they turn things around. For the same reasons they didn’t let Boeing die out.

> For the same reasons they didn’t let Boeing die out.

Right — so that extends the time window for pillaging, and means that you can raid future taxpayer money, not just current assets. But there’s still no “turn around,” it’s just different flavors of getting paid massively to go down with the ship.