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It was the government that drove chip makers to other countries to begin with.
And it's cheaper to make the chips in other countries.
Intel was going to expand in China and the USG "urged" them not to.
So the USG has to subsidize this to make us competitive with other countries.
Plenty is happening..just not in the US.
And all that money for STEM education....well if they can't read/write/do math then nothing will come of it.
its not about cheap, avg salary of Fab tech worker is in the 6 figure, either in china/taiwan/SK/US. FAB require alot skill investment upfront. China is one of the biggest intel customer, which is why intel were thinking expanding there.
Dump the China-tariffs and a lot of this nonsense goes away. Taiwan is a biggy, but obviously more product from everyone needs to come into play.
Will the prices of these US chips be competitive on the global-market??? Or is it going to be
"programs" financed by Fedgov to prop-up these chip-businesses in the US???
The margins on many chips is very low, selling massive amounts is what makes these companies money.
"The environmental policy of the Donald Trump administration represented a shift from the policy priorities and goals of the preceding Barack Obama administration. Where President Obama's environmental agenda prioritized the reduction of carbon emissions through the use of renewable energy with the goal of conserving the environment for future generations, the Trump administration policy was for the US to attain energy independence based on fossil fuel use and to rescind many environmental regulations."
Intel is preparing to lay off thousands of workers in October after receiving billions of $$$$.
Intel hasn't received a dime from the recently passed Chips Act and doesn't expect to receive any until 2023. When the industry does start receiving funding from the Chips Act, it will be spread out over several years, and take the form of loans, loan guarantees, tax credits, and R&D subsidies.
Quote:
"We have not assumed any CHIPS Act money in 2022," the company's chief financial officer, David Zinsner, told analysts on a conference after the company posted a dismal second-quarter financial report that tanked Intel shares. "Our expectation is there’ll be a process and that process will take us into 2023 before we start receiving money from CHIPS."
Quote:
The money is to be allocated over five years, though it remains unclear exactly how much companies such as Intel will receive, or how the money will be distributed.
Intel hasn't received a dime from the recently passed Chips Act and doesn't expect to receive any until 2023. When the industry does start receiving funding from the Chips Act, it will be spread out over several years, and take the form of loans, loan guarantees, tax credits, and R&D subsidies.
Intel says computer manufacturers don't buy as many Intel chips as before.
Why would it build a new factory then?
I believe even Apple replaced Intel chips with chips made in the Republic of China .
Intel says computer manufacturers don't buy as many Intel chips as before.
Why would it build a new factory then?
I believe even Apple replaced Intel chips with chips made in the Republic of China .
Intel has been behind on R&D for years now. The only reason they have the dominant market position they have is their fab capacity. The have an inferior product but since they have the capacity to make it and the competition does not inferior is better than nothing. E.g., Microsoft has been dabbling with its own custom silicon for several years now as they can't compete with Apple using Intel chips.
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