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Corporate welfare rides again while undercutting the domestic interests and jobs of the citizenry. And cries a river about a "talent shortage" when it just want
by 1letterunixname 3y ago
Corporate welfare rides again while undercutting the domestic interests and jobs of the citizenry. And cries a river about a "talent shortage" when it just wants to import and underpay non-union workers on visas to keep them beholden to them and not invest in America, in skills training, or good paying jobs.
- FirmwareBurner 3y agoThe way I see it, when Apple, Nvidia, AMD etc, nickel and dime you every step of the way and put pressure on you to lower your costs, semi manufacturing is relatively low margin enough to not be profitable on US soil, compliant to US environmental laws, done by US workers on US working conditions, earning US wages competitive to other US skilled industries. Therefore chips made in the US would not be nearly as profitable as the ones made in Taiwan therefore it makes no financial sense for TSMC to invest in the US other than for geopolitics. So I have no idea how TSMC in the US could ever be profitable without big handouts from the US government.
- hsjqllzlfkf 3y agoWhere do you find the data saying that semi manufacturing is low margin?
- FirmwareBurner 3y agoI didn't mean it's low margin in absolute terms like assembling a phone, I meant it's low margin enough compared to what they make in Taiwan, to not have the location in the US be nearly as profitable.