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

[1srelluc]

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.

 

[JGalt]

I knew Biden's 2022 Chips and Science Act was going to be a bust.

Like Barack Obama said, "Don't underestimate Joe's ability to fuck things up."

 

[otto105]

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.

Great news!!!

Microchip production in the US is very good for national security.

 

[The Duke]

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.

The Tiawanese are the masters of this stuff.

 

[rightwinger]

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.

More RW misinformation and propaganda

You can’t show any kickbacks to the Dems can you?

 

[Kilroy2]

In the one year since CHIPS was signed into law, companies have announced over $166 billion in manufacturing in semiconductors and electronics, and at least 50 community colleges in 19 states have announced new or expanded programming to help American workers access good-paying jobs in the semiconductor industry. In total, since the beginning of the Biden-Harris Administration, companies have announced over $231 billion in commitments in semiconductor and electronics investments in the United States.

FACT SHEET: One Year after the CHIPS and Science Act, Biden-Harris Administration Marks Historic Progress in Bringing Semiconductor Supply Chains Home, Supporting Innovation, and Protecting National Security | The White House

Companies have announced $166 billion in investments in semiconductors and electronics in the one year since President Biden signed CHIPS into law One year ago, President Biden signed into law the CHIPS and Science Act (CHIPS), which makes a nearly $53 billion investment in U.S. semiconductor...

www.whitehouse.gov

 

[otto105]

The Tiawanese are the masters of this stuff.

Do you support Tiawan?

 

[The Duke]

Do you support Tiawan?

You damn right I do.

 

[otto105]

You damn right I do.

So, what's the cheeto messiah's position on defending Tiawan.

 

[1srelluc]

In the one year since CHIPS was signed into law, companies have announced over $166 billion in manufacturing in semiconductors and electronics, and at least 50 community colleges in 19 states have announced new or expanded programming to help American workers access good-paying jobs in the semiconductor industry. In total, since the beginning of the Biden-Harris Administration, companies have announced over $231 billion in commitments in semiconductor and electronics investments in the United States.

FACT SHEET: One Year after the CHIPS and Science Act, Biden-Harris Administration Marks Historic Progress in Bringing Semiconductor Supply Chains Home, Supporting Innovation, and Protecting National Security | The White House

Companies have announced $166 billion in investments in semiconductors and electronics in the one year since President Biden signed CHIPS into law One year ago, President Biden signed into law the CHIPS and Science Act (CHIPS), which makes a nearly $53 billion investment in U.S. semiconductor...

www.whitehouse.gov

The WH.....Hell, why don't you post a confirmation from Daily Kos....It would be about as believable.

 

[otto105]

The WH.....Hell, why don't you post a confirmation from Daily Kos....It would be about as believable.

Do facts bother you?

 

[Toddsterpatriot]

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.

The chip companies who are going to MAYBE benefit from this have combined market caps of $5 to 10 trillion dollars.

Such precision.

 

[otto105]

The chip companies who are going to MAYBE benefit from this have combined market caps of $5 to 10 trillion dollars.

Such precision.

Maybe?

 

[JGalt]

The Tiawanese are the masters of this stuff.

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.

 

[JGalt]

So, what's the cheeto messiah's position on defending Tiawan.

You're about to find out after this year.

 

[otto105]

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.

Hilarious

And false

 

[otto105]

You're about to find out after this year.

How? Is someone going to call him at jail?

 

[Kilroy2]

The WH.....Hell, why don't you post a confirmation from Daily Kos....It would be about as believable.

Yeah like your source is so much better that you do not even name it. You use one source to describe it yahoo finance and then reference Bloomberg with no link but a lot of negative comments.

 

[The Duke]

So, what's the cheeto messiah's position on defending Tiawan.

Why are you concerned with that?

 

[1srelluc]

Yeah like your source is so much better that you do not even name it. You use one source to describe it yahoo finance and then reference Bloomberg with no link but a lot of negative comments.