3 ms·
Undoubtedly this is a massive gift from taxpayers to Intel. Hard to see anything good in that. I also agree that subsidizing R&D isn't a reliable strategy to
by oofbey 4y ago
Undoubtedly this is a massive gift from taxpayers to Intel. Hard to see anything good in that.
I also agree that subsidizing R&D isn't a reliable strategy to make us more competitive. Government incentivizes to find solutions works much better.
BUT building high-end fabs is SO very capital intensive, that I think this actually could work out. This might actually be a case where the skids need to be greased a bit (to the tune of billions of dollars) to get them over the hump and back in the game.
- onepointsixC 4y agoWhat's the alternative? SK is subsidizing Samsung by more ($450 Bn)[1]. China is doing the same. [1]: https://www.bloomberg.com/news/articles/2021-05-13/korea-unveils-450-billion-push-to-seize-global-chipmaking-crown https://www.bloomberg.com/news/articles/2021-05-13/korea-unv... [1 Non paywalled]: https://archive.ph/9Gs8q https://archive.ph/9Gs8q