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Chip designers warm to U.S. bill despite big benefits to Intel
- throwaway4good 4y agoBasically 30 B to Intel - nothing to AMD, Qualcomm, Nvidia, Apple - it’s main competitors in the logic chip business. Is this an Intel bailout? I didn’t know they needed it.
- ThrowawayR2 4y agoThis bill relates to manufacturing chips and AMD, Qualcomm, Nvidia, Apple don't manufacture chips; they are all fabless, meaning that they design chips but use third-party chip fabrication to physically manufacture chips for them.
- notlukesky 4y agoIntel has a history of using its cash for dividends and stock buybacks. Management and shareholders have benefitted tremendously from this setup over the years. Meanwhile other tech companies either constantly reinvested in their business (e.g. Amazon) or hoarded cash for a rainy day. Intel's management will celebrate this the most.
- missedthecue 4y agoIntel has $38b cash on hand.
- hindsightbias 4y ago$38 + $30B now
- satya71 4y agoHmm, if Intel is getting massive subsidy to build the fab, may be they should be required to give FRAND access to chip companies that may be looking for TSMC alternatives.
- rektide 4y agoIntel has been quite serious about growing a foundry business. But there's no promise that continues, or that it is fair/reasonable/non-discriminatory. None the less I do give them quite a lot of credit as a company that seemingly very much wants to be making a wide variety of American chips.
- djohnston 4y agoDo Schumer/Cornyn have a nice Intel position assumed in the past year or so?