the USG will never allow that to happen. boeing itself is both a significant hard-power (military contractor) and soft-power (export authorizations provide a national bargaining chip, impact on domestic economy, etc) asset for the united states.
it is like intel in a lot of ways: sure, they're massive fuckups but there simply is not any chance that the US allows one of only three leading-edge fab companies to go under. As much as things are going to suck for a while, and especially as much as things could suck for individual employees... at the end of the day the fab side is not going to go under and the USG will shovel cash into the furnace to make sure of it. It is like Boeing - think of it as "buying at a discount, for an indeterminate future time", because the value cannot ever go to zero.
And even on the IP side the ownership of x86 and the x86 license is a significant soft-power asset for the US. Having everyone on the planet able to implement their own ARM cores is not really a great thing, when you could instead use it as leverage (like we do with ASML's machines).
it is like intel in a lot of ways: sure, they're massive fuckups but there simply is not any chance that the US allows one of only three leading-edge fab companies to go under. As much as things are going to suck for a while, and especially as much as things could suck for individual employees... at the end of the day the fab side is not going to go under and the USG will shovel cash into the furnace to make sure of it. It is like Boeing - think of it as "buying at a discount, for an indeterminate future time", because the value cannot ever go to zero.
And even on the IP side the ownership of x86 and the x86 license is a significant soft-power asset for the US. Having everyone on the planet able to implement their own ARM cores is not really a great thing, when you could instead use it as leverage (like we do with ASML's machines).