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Started By
Message
2
Posted on 12/15/24 at 9:18 am to nycguy
quote:
Lol you have no clue, what we've done in the past 12 months to ensure the most advanced technology will be built in the USA is the real story
Well tell me, what have we done?
Posted on 12/15/24 at 9:18 am to SvegiNazim
quote:
A chipmaker of that size moving operations to Arizona will shake things up. It sounds like a smart move for the U.S. to boost its domestic semiconductor production. It’s no secret how vital chips are for everything these days, from cars to phones to big data centers.
Chat GPT write a paragraph as an interested message board poster about the potential increase in domestic chip production.
Posted on 12/15/24 at 9:20 am to Tigeralum2008
quote:
Can someone explain to me why Arizona seems to be getting all of this economic development?
quote:
Intel has had a presence in Arizona for over 40 years and the state is home to a well-established semiconductor ecosystem. Other major chip companies with a presence in Arizona include On Semiconductor, NXP and Microchip.
Yet, these plants require a hell of a lot of water, which AZ doest have a lot of. Will be interesting.
This post was edited on 12/15/24 at 9:21 am
Posted on 12/15/24 at 9:23 am to TigerIron
This is happening more and more on this forum...
Posted on 12/15/24 at 9:24 am to nycguy
I thought this was about Frito Lays.
Posted on 12/15/24 at 9:38 am to RogerTheShrubber
quote:
why not the rest of our industry?
Well. The advanced chips that drive the AI systems that will soon dominate industry, the military, medicine, entertainment, power generation, etc etc. Those all come from a small island right off the coast of China.
So yes. We need to lend that company $100 billion. Or $200 billion. To relocate it to Arizona so it doesn't fall into the hands of the Chinese government. Because the results of that are unthinkable.
Posted on 12/15/24 at 9:41 am to No Colors
quote:
So yes. We need to lend that company $100 billion. Or $200 billion
Why not nationalize it? Its not fair in the least, to subsize massive corporations and not small business.
Youre going to have to subsidize it forever, or it will not stay here.
Maybe we should look at why its so expensive to run a business here first..
This post was edited on 12/15/24 at 9:42 am
Posted on 12/15/24 at 9:48 am to RogerTheShrubber
quote:
Why not nationalize it?
Well because it's publicly traded for one. And would sell for about $2 trillion in the LBO market.
And because its management team would never work for a government. So you would kill the value with a takeover.
Among other things.
quote:
Youre going to have to subsidize it forever, or it will not stay here.
It's cash flow positive. It's not like GM that ran itself out of money and into bankruptcy.
quote:
Maybe we should look at why its so expensive to run a business here first..
We're not funding the running of the business. The customers do that. We're funding the CAPEX associated with moving the business from China to Arizona.
I
Posted on 12/15/24 at 9:50 am to No Colors
quote:
Well because it's publicly traded for one. And would sell for about $2 trillion in the LBO market.
Propped up by subsidies.
How is that fair to burgeoning industry?
shite, we just spent billions retooling auto factories too. Yet small business suffers.
Posted on 12/15/24 at 10:20 am to nycguy
I clicked thinking that this would be a Frito-Lay’s thing and was greeted with a wall of text. Damn you.
Posted on 12/15/24 at 10:26 am to nycguy
quote:Vewwy wise move, Awizona wrong, wrong way from Mainrand Chiknee.
TSMC
Posted on 12/15/24 at 11:07 am to nycguy
quote:
exchange for billions in subsidies
Taxpayers lose again. Billions.
Posted on 12/15/24 at 11:24 am to JimTiger72
quote:
Their new facilities being built in TX & Ohio though have been delayed
Not delayed. The completion dates were pushed back. There's tons of work being done right now on Intel in Ohio. It's a walk through in Columbus.
Posted on 12/15/24 at 11:26 am to Dairy Sanders
quote:
This was started under the Trump administration lol
The first plant, yes. But after the CHIPS act passed they added another plant. I've known a bunch of people who worked on it over the last few years
And now this one.
Posted on 12/15/24 at 11:30 am to wheelr
This is still going as well thanks to the CHIPS act. Too bad Trump wants to do away with it.
Microns $100 billion investment in New York.
Microns $100 billion investment in New York.
Posted on 12/15/24 at 11:31 am to Sayre
Companies have been backing out because the govt put a bunch of requirements on them and they said 'no thanks.'
Posted on 12/15/24 at 11:36 am to POTUS2024
quote:
Companies have been backing out because the govt put a bunch of requirements on them and they said 'no thanks
Utterly false
Posted on 12/15/24 at 11:37 am to Sayre
quote:
Too bad Trump wants to do away with it.
I guess we just have accepted corporate welfare as necessary.
Posted on 12/15/24 at 11:39 am to Sayre
quote:
This is still going as well thanks to the CHIPS act. Too bad Trump wants to do away with it.
Microns $100 billion investment in New York.
Instead of paying companies to make shite here, give them a reason to.
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