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(Yahoo)   "Give us all that funding, or else the chip shortage will continue"   (finance.yahoo.com) divider line
    More: Interesting, Wafer, United States, Taiwan's GlobalWafers, TSMC, domestic chip industry, last December, CHIPS Act, world's third largest maker  
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957 clicks; posted to STEM » on 28 Jun 2022 at 8:46 AM (6 weeks ago)   |   Favorite    |   share:  Share on Twitter share via Email Share on Facebook



21 Comments     (+0 »)
View Voting Results: Smartest and Funniest
 
2022-06-28 8:09:17 AM  
The hidden costs of the outsourcing revolution are starting to appear.
 
2022-06-28 8:22:14 AM  
The CHIPS Act
Fark user imageView Full Size
 
2022-06-28 8:22:20 AM  
Talk about a ransom.
 
2022-06-28 8:53:26 AM  
So it costs $52 billion to get a bag of Lays that isn't half empty?  Damn...
 
2022-06-28 8:58:34 AM  
I mean, chip manufacturing definitely needs to come to America if we are going to continue being reliant on computers, cell phones, automated processing, etc.

I don't think we will go back to the silly globalization of everything we've had for the last several decades; especially with plants shutting down and not able to start up because they can't get a VFD or PLC for a year or more.
 
2022-06-28 9:02:48 AM  
Don't they have access to the most well capitalized banking system in the entire world?
 
2022-06-28 9:03:04 AM  
Fund it but then put all their patent and copyrights in to the public domain since they're making tax payers pay for things so much.
 
2022-06-28 9:29:02 AM  
See, this is why I liquidated my 401k and bought up all the remaining Pentium IIs in the world. When I'm the sole source for the iPhone Retro DynaTAC, you'll all be soooo jealous.
 
2022-06-28 10:00:45 AM  
Or maybe they should look at the events of the last few weeks in terms of the chip shortage ending due in no small part to the crypto bubble starting to burst.  Being aware of things happening right now is a great business strategy.
 
2022-06-28 10:49:08 AM  

Nimbull: Fund it but then put all their patent and copyrights in to the public domain since they're making tax payers pay for things so much.


Capitalism really does suck sometimes. The companies know they'd make a profit back long term either way, they just don't want to take the short term hit on their books from the upfront investment.

We really should find a way get out investments back when we make these kinds of deals.

Bank bailout? We own your bank now. Airline bailout? We own you now. We pay for building out the internet backbone and you constantly upgrading... you don't honor the agreement, we take back the spectrum. Or we take the infrastructure and charge CenturyLink, Comcast, Charter, and others for the pleasure of using the public service. Nationalize the bastards.

We pay for your chip fabs? I like owning the patents or the facility.

At least penalize them for not honoring the bargains.
 
2022-06-28 11:00:11 AM  
I think we can build it ourselves for that kind of money
 
2022-06-28 11:16:52 AM  
🎵 Gimme all your funding
all your rent and tax breaks too 🎵
 
2022-06-28 11:43:18 AM  
see the market is so free it can literally hold your civilization hostage and demand free monye from you or it will bring all this civilization garbage you been enjoying to an end.
 
2022-06-28 1:33:56 PM  

Tr0mBoNe: The hidden costs of the outsourcing revolution are starting to appear.


Windfalls to the same one Percenter families that raped our industrial sector thirty years ago.  This country deserves it's own self inflicted death.
 
2022-06-28 1:57:05 PM  

NewportBarGuy: Don't they have access to the most well capitalized banking system in the entire world?


Taiwan?
 
2022-06-28 1:58:58 PM  
$52 billion will only build about 5 new fabs. The US needs more like 50.
 
2022-06-28 5:04:29 PM  
Who run Bartertown?
 
2022-06-28 5:45:50 PM  
...all I want is my low end fets, opamps, comparators and micros....is this too much to ask?
 
2022-06-28 5:49:41 PM  
Didn't we just go into debt by $7 trillion? Whats $50 billion next to $7 trillion, its nothing. But I don't think people know how to invest anymore or they have gotten so used to living off past investments they don't know how to make new investments.

Personally, I think that people have been brainwashed into believing that we need religion and have forgotten that knowledge comes from science, not religion. You can see evidence of this from the religious laws being passed allowing prayers in schools and the lean towards homeschooling and the push for vouchers, etc. This is going to have a really bad knock on effect. We are becoming a third world country.
 
2022-06-28 8:45:57 PM  

Quantumbunny: Nimbull: Fund it but then put all their patent and copyrights in to the public domain since they're making tax payers pay for things so much.

Capitalism really does suck sometimes. The companies know they'd make a profit back long term either way, they just don't want to take the short term hit on their books from the upfront investment.

We really should find a way get out investments back when we make these kinds of deals.

Bank bailout? We own your bank now. Airline bailout? We own you now. We pay for building out the internet backbone and you constantly upgrading... you don't honor the agreement, we take back the spectrum. Or we take the infrastructure and charge CenturyLink, Comcast, Charter, and others for the pleasure of using the public service. Nationalize the bastards.

We pay for your chip fabs? I like owning the patents or the facility.

At least penalize them for not honoring the bargains.


The difference in your scenarios is that the government has a position of strength. Here, it's the opposite. The government is the one that wants the chip shortage to end; the manufacturers are fine the way things are. The government could put conditions on the manufacturers getting the money, and the manufacturers would just walk away.
 
2022-06-29 4:05:59 AM  
Shruggie, fair enough. It's not like the manufacturers are banking on building in America, there's nothing to stop them building facilities elsewhere around the world. It's literally America saying we'll pay you to build them here then reneging on the whole "we'll pay you" part.

"We want you to build factories in America and pay for the privilege."

"No"

"Aww, please. How about we pay you to do it? Look, we'll put 52 billion into the budget for it"

"Okay."

[*doesn't pay anything*]

"Why haven't you built factories in America yet?"
 
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