US (dems) Aim to Announce Big Grants for Chip Plants by End of March

[otto105]

Why are you concerned with that?

What is his position on Tiawan?

 

[The Duke]

They've been ahead of the rest of the world in the semiconductor manufacturing industry since the 1980's. It's not like Biden's going to flip a switch and change over to the country relying on domestic production overnight. He's full of hot air and lofty ideas, but doesn't have a clue how to produce real results.

Well, I'm just gonna shut up now. Let the tards tard. Besides, I can't tell all I know.

 

[The Duke]

It's Taiwan, fucktard, and around 11 months and 3 weeks from him being president.

Why is your question relevant at all?

Biden could still let China invade Taiwan at this point, in which case the manufacture of computer chips will be on hold for quite some time. More than a few years. That happening would set technology progress back around 8 years or so, or more, and some of the best in the industry would be just gone.

 

[Toddsterpatriot]

Maybe?

Not really.

 

[otto105]

It's Taiwan, fucktard, and around 11 months and 3 weeks from him being president.

Why is your question relevant at all?

Biden could still let China invade Taiwan at this point, in which case the manufacture of computer chips will be on hold for quite some time. More than a few years. That happening would set technology progress back around 8 years or so, and some of the best in the industry would be just gone.

Which is why the Chips and Science law was good for America.

Biden has promised to defend Tiawan, has the cheeto messiah?

 

[otto105]

Not really.

So, a yes.

 

[The Duke]

What is his position on Tiawan?

Which is why the Chips and Science law was good for America.

Biden has promised to defend Tiawan, has the cheeto messiah?

Irregardless, fucktard: If China invades Taiwan, it's all over for around a decade.

All of it.

And lemme tell you something, if that happens, they're going to scorched earth it, and some things may have

to wait for humans to come up with the same thing again sometime later. If they do at all.

Something that's not a guarantee. China surely won't do it. They haven't yet.

Not too many in the US know what's going on, either.

 

[Moonglow]

US Aims to Announce Big Grants for Chip Plants by End of March

(Bloomberg) -- The US is aiming to announce major chip grants by the end of March, people familiar with the plans said, paving the way to send billions of dollars to semiconductor makers in a bid to supercharge domestic production.Most Read from BloombergMusk’s $55 Billion Pay Package Voided...

finance.yahoo.com

• (Bloomberg) -- The US is aiming to announce major chip grants by the end of March, people familiar with the plans said, paving the way to send billions of dollars to semiconductor makers in a bid to supercharge domestic production.
• 
  
• The awards — slated to go to Intel Corp. and other chipmakers — are a central piece of the 2022 Chips and Science Act, which set aside $39 billion in direct grants to revitalize US manufacturing.
  
  Intel has said that the grants will determine how quickly it progresses with expansion projects, including a planned facility in Ohio that would be the world’s largest. Overseas chipmakers such as Taiwan Semiconductor Manufacturing Co. and Samsung Electronics Co. also are expected to get a portion of the funds, helping them pay for factories in the US.

• The chip companies who are going to MAYBE benefit from this have combined market caps of $5 to 10 trillion dollars. That means that if they really thought that they needed this fab, they could raise the capital from Wall Street in about five minutes.
  
  The companies who are getting the funds know that they need to kick back millions in donations to the Dems.
• 
  
• The terms of these "awards" include union hiring, DEI requirements for construction and future labor force, tons of environmental contracts to build it (all run by Dems), and lots more second and third level pork for more Dem kickbacks.
• After reviewing all of the hundreds of pages of riders for the award, the TSMC CEO almost backed out, saying that he didn't think that he could make money with all of the woke contract terms.
• He was later "convinced" otherwise.

You really do hate capitalism...

 

[Moonglow]

Irregardless, fucktard: If China invades Taiwan, it's all over for around a decade.

All of it.

And lemme tell you something, if that happens, they're going to scorched earth it, and some things may have

to wait for humans to come up with the same thing again sometime later. If they do at all.

Something that's not a guarantee. China surely won't do it. They haven't yet.

Not too many in the US know what's going on, either.

Especially now that China is experiencing economic turmoil.

 

[The Duke]

You really do hate capitalism...

Government grants is not capitalism, idiot.

 

[otto105]

Government grants is not capitalism, idiot.

What's the difference?

 

[Toddsterpatriot]

So, a yes.

No, not a $5 - $10 trillion market cap.

 

[otto105]

No, not a $5 - $10 trillion market cap.

Hilarious

 

[The Duke]

What's the difference?

Sorry, it's not my job to educate fucktarded commies.

 

[otto105]

Sorry, it's not my job to educate fucktarded commies.

So, you can't explain YOUR position.

 

[leftwinger]

America led the World in the 70s-80s with Semiconductor Fabrication (Wafers) all over Silicon Valley. Labor, regulations and Taxes killed the golden goose. They began to shut down or move out of state or country. Eventually most overseas. They tried Ore, TX, AZ, Minn even FLA or NY. But most ended up overseas.

the exception are TX INST fabs, some made it thru in Lubbock, Richardson Dallas etc. Even TXN had at least 13 fab sites, but not many here. Intel was huge in Silicon Valley on Bowers and Central in the olden days. Fairchild, National, Maxim, AMD…IBM, LTC, Intersil all mostly gone. They design here, build WFRS over yonder mostly.

 

[otto105]

America led the World in the 70s-80s with Semiconductor Fabrication (Wafers) all over Silicon Valley. Labor, regulations and Taxes killed the golden goose. They began to shut down or move out of state or country. Eventually most overseas. They tried Ore, TX, AZ, Minn even FLA or NY. But most ended up overseas.

the exception are TX INST fabs, some made it thru in Lubbock, Richardson Dallas etc. Even TXN had at least 13 fab sites, but not many here. Intel was huge in Silicon Valley on Bowers and Central in the olden days. Fairchild, National, Maxim, AMD…IBM, LTC, Intersil all mostly gone. They design here, build WFRS over yonder mostly.

The companies chased cheap labor.

Just like the textile companies before them.

So, just stop with the maga stupidity fuckup.

 

[leftwinger]

The companies chased cheap labor.

Just like the textile companies before them.

So, just stop with the maga stupidity fuckup.

the only thing you know about any Chips is in your ankle braclet.

 

[otto105]

the only thing you know about any Chips is in your ankle braclet.

Awwww, butthurt over facts.

 

[Tom Paine 1949]

A fully useless OP. The Yahoo article itself is fine and repudiates 1srelluc ‘s fundamental argument. There is no Bloomberg Link and no quotes to show what supposedly was in it, and it is not even clear what is the Bloomberg view (often perceptive) and what is just 1srelluc ’s bold-faced lies and overactive imagination.

I agree the U.S. even with the initial “Chips Act” money — which is just “seed money” and not nearly enough imo —will have a lot of trouble catching up.

Taiwan chip scientists and management are rightly hesitant about our workers’ and managers’ skill levels. Reportedly they even doubt their own ability to build and manage competitive and profitable chip foundries in the U.S.A.

They are also hesitant about exporting their best managers and skilled workers. High tech chip foundries are the “Golden Goose” that provides much of the island’s economic income and trade surplus. Taiwan’s people vote and also can’t be ignored.

The chip expertise of Taiwan has of course kept the Chinese interested in possessing it … but also makes XiJinping hesitant to take action that would inevitably lead to the industry’s total destruction.

This is why heavy U.S. pressure on the TSMC and other high-tech chip manufacturers there to stop sales of high tech chips to China altogether runs the risk of making the CPC leadership eventually decide: “If we can’t trade with Taiwan, then nobody can.”

Many governments like South Korea, Japan and Taiwan have provided industrial planning to help their own key industries prosper, some providing 50% of the investment in new high tech industries, as the Yahoo article outlines.

Of course in the ever politically divided U.S., that would be considered ”communist” and even if the Southern states gained the most from these investments, Republicans would still claim the “Deep State” and the “Biden Crime Family” were stealing most of the money.

Political hysteria here hurts our economic future.