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Message
re: Worlds largest chipmaker will move operations to Arizona
Posted on 12/15/24 at 1:58 pm to dallastigers
Posted on 12/15/24 at 1:58 pm to dallastigers
quote:
Not sure if Arizona was part of Chips Act or an extension of existing push under Trump, but Most spending in 2022 Chips Act went towards typical Dem projec
Yes on Arizona and CHIPS.
Nope on the rest.
Better this industry stays offshore, right?
Who needs American manufacturing?
quote:
Thus far, the CHIPS Program Office (CPO) has announced $33.4563 billion in grant awards and up to $8.7 billion in loans to 26 companies across 39 projects in 21 states. These projects include total investment of more than $386 billion over two decades, with the vast majority invested by 2030. The projects are also expected to create over 128,000 new jobs – over 42,000 manufacturing jobs and over 86,000 construction jobs. Additional award announcements are expected in the months ahead. A Preliminary memorandum of terms (PMTs) is a non-binding agreement between companies and the CHIPS Program Office. A due diligence stage follows a PMT, after which a final award agreement will be reached. As milestones of the projects are achieved, funds will be disbursed.
The Departments of Defense and Commerce also issued a joint statement on Sept. 16 announcing Intel as the recipient of up to $3 billion in CHIPS funding for the “Secure Enclave” program, which “will support the manufacturing of microelectronics and ensure access to a domestic supply chain of advanced semiconductors for national security.”
Semiconductor Industry Association
This post was edited on 12/15/24 at 2:00 pm
3
Posted on 12/15/24 at 2:02 pm to Sayre
Posted on 12/15/24 at 2:03 pm to RogerTheShrubber
quote:
Protectionism hurts consumers, subsidies to massive corporations crush small business.
This is backwards
Small businesses don't manufacturer semiconductors.
You're the one that has it backwards.
Posted on 12/15/24 at 2:05 pm to Sayre
Money has a lot of ties and requirements to follow Dem politics. Most will be wasted and not effect anything you are pushing in the long term. Besides all of the dem pork this bill began as the Supreme Court Security Funding Act of 2022 before morphing into typical pork barrel spending.
The court still got a small section
The court still got a small section
quote:
DIVISION C--SUPPLEMENTAL APPROPRIATIONS TO ADDRESS THREATS TO THE SUPREME COURT OF THE UNITED STATES
Supreme Court Security Funding Act of 2022
This division authorizes additional funding for salaries and expenses of the U.S. Marshals Service and the U.S. Supreme Court to address threats to the Supreme Court.
Posted on 12/15/24 at 2:07 pm to dallastigers
quote:
Obviously you either haven’t read or completely support all the DEI and environmental spending aspects of this law.
Don't give the first damn since this is such a net long term positive for the US as a whole.
Only the poli board idiots can't see the big picture.
And yet you'll still whine about nothing being made here.
Posted on 12/15/24 at 2:08 pm to Sayre
quote:
Small businesses don't manufacturer semiconductors.
Would you rather have a monopoly or competition? No need, your idea is limiting competition among chip mfgs, large or small.
Because protectionism is crony capitalism, and we all hate that (or pretended to hate it prior to 2016)
Posted on 12/15/24 at 2:08 pm to BuckyCheese
quote:
I'm the exact opposite of what you claim.
Seems like I'm the one that's right over the target.
Bet you're like the other dude and whine about nothing being made here
Posted on 12/15/24 at 2:11 pm to RogerTheShrubber
quote:
Would you rather have a monopoly or competition? No need, your idea is limiting competition among chip mfgs, large or small
Nope, it's increasing competition. This will give American companies like Intel the ability to complete better against TSMC and the rest of the world.
There's nothing approaching a monopoly in chip manufacturing. You're just talking nonsense.
This post was edited on 12/15/24 at 2:12 pm
Posted on 12/15/24 at 2:14 pm to Sayre
quote:
Nope, it's increasing competition.
Posted on 12/15/24 at 2:14 pm to Sayre
Love to see all the poli board posters that love China so much.
Y'all do know that the CHIPS act severely limits China's domestic chip industry by things like keeping ASML from selling them their cutting edge EUV tech, right?
Y'all do know that the CHIPS act severely limits China's domestic chip industry by things like keeping ASML from selling them their cutting edge EUV tech, right?
Posted on 12/15/24 at 2:15 pm to Sayre
quote:
Better this industry stays offshore, right?
The DEI industry the Act greatly supports???
Yes.
The dem industry pork barrel spending it also supports???
Yes.
The act needs to be trashed and redone with far less spending overall. It had all Dem and the Republican Rhino support for a reason.
Posted on 12/15/24 at 2:15 pm to dallastigers
quote:
Yes.
The act needs to be trashed and redone with far less spending overall. It had all Dem and the Republican Rhino support for a reason.
Yep.
Posted on 12/15/24 at 2:17 pm to Sayre
quote:
Love to see all the poli board posters that love China so much.
Youre proposing we subsidize big industry just like China.
You know, those commies you pretend to hate.
Why dont you support govt subsidizing all industry, for fairness?
Posted on 12/15/24 at 2:18 pm to Sayre
quote:
Love to see all the poli board posters that love China so much.
Let the ad hominem begin…
Posted on 12/15/24 at 2:22 pm to dallastigers
quote:
Let the ad hominem begin…
Seems to be all he knows.
Posted on 12/15/24 at 2:23 pm to RogerTheShrubber
quote:
Why dont you support govt subsidizing all industry, for fairness
Because our competitors all subsidize their industries. Time to level the playing field.
But by all means, whine some more about manufacturing growth in the US.
Posted on 12/15/24 at 2:24 pm to Sayre
quote:
Y'all do know that the CHIPS act severely limits China's domestic chip industry
When govt gives these companies billions, do you know what comes with it?
Lots of strings attached. Most of which conservatives would disagree with.
Posted on 12/15/24 at 2:25 pm to Sayre
quote:
Because our competitors all subsidize their industries. Time to level the playing field.
Oh dear god, you sound exactly like a Democrat.
Posted on 12/15/24 at 2:41 pm to RogerTheShrubber
quote:
Oh dear god, you sound exactly like a Democrat
You sound like someone who hates your own country.
All those Republican farmers love some agriculture subsidies. I'd sure like to get the ethanol out of gas, which would lower the price, but how much you wanna bet DOGE nor Trump touch that one?
And I bet you love it when the military industries get their share too.
This post was edited on 12/15/24 at 3:52 pm
Posted on 12/15/24 at 2:43 pm to Sayre
quote:
You sound like someone who hates your own country.
I hate your type of socialism.
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