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"after securing $19.5 billion in federal grants and loans - and it hopes to secure another $25 billion in tax breaks." But besides all that... it's an investme
by mikro2nd 3y ago
"after securing $19.5 billion in federal grants and loans - and it hopes to secure another $25 billion in tax breaks."
But besides all that... it's an investment spree, not a spending spree. They expect to make much more money off the back of those investments.
- deburo 3y agoAfter a bunch of delays, maybe they will see some profits: https://www.silicon.co.uk/workspace/components/tsmc-further-delays-40-billion-arizona-chip-fab-547496 https://www.silicon.co.uk/workspace/components/tsmc-further-... What's annoying about this spending spree (from the perspective of the gov) is that this is supposed to secure chips production in North America (motivated by the China threat on Taiwan), but the government doesn't really seem to care about delays as it forbids TSMC/Intel to bring external talent & include DEI clauses in their deals.
- sufiyan 3y agoAlthough I am rooting for Intel, the leadership is just not an execution machine. Pat is a very good CEO, and he understands technology as much as the business. But the next level simply doesn’t have that charisma to deliver. I wouldn’t be surprised to see many delays and eventually a product which is years behind competition.