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Seems to me that the CHIPS act doesn't go far enough to build up domestic competition. What would be the consequences if the government nationalised / heavily
by HlessClaudesman 3y ago
Seems to me that the CHIPS act doesn't go far enough to build up domestic competition.
What would be the consequences if the government nationalised / heavily subsidised Intel ramp up domestic chip production? Or split Intel up to create new national champions?
This state intervention seem to be working out well for China in electric vehicles and solar. The US risks squandering its technological advantage by pursuing half way measures.
- pjc50 3y agoNationalisation would be incredibly bipartisan unpopular in the US. Everybody seems to hate the idea of the Federal government running random businesses. It would probably also immediately implode from pay issues. Subsidy is what's happening, but people have (correctly) noticed that since Intel is profitable this is really a giveaway to Intel shareholders.