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> Are you telling me the EU, the richest block in the world, has less money to spend on fabs than TSMC That could very well turn out to be the case in practice
by dataking 3y ago
> Are you telling me the EU, the richest block in the world, has less money to spend on fabs than TSMC
That could very well turn out to be the case in practice, not for lack of money, but inability to provide the promised subsidies according to Financial Times:
https://www.ft.com/content/898454ba-8fc2-4b00-a14f-5f9ee152d127 https://www.ft.com/content/898454ba-8fc2-4b00-a14f-5f9ee152d...
- FirmwareBurner 3y agoHaving a company an industry dependent on generous subsidies from states is a race to the bottom. TSMC will just pit you against other countries on the basis of "which one of you is gonna give us more of your tax-payers' money and we'll build our fab there"