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The Biden administration sees it as 2 birds with 1 stone. Intel and TSMC are investing in swing states. It matters to Biden when it comes to the election. The
by aurareturn 3y ago
The Biden administration sees it as 2 birds with 1 stone.
Intel and TSMC are investing in swing states. It matters to Biden when it comes to the election.
The second is that the US genuinely wants chip fabs in US in case war breaks out.
It's most definitely inefficient use of dollars for mega corporations.
- senectus1 3y agoWithout a doubt the biggest reason here is to ensure the tech is capable on their homeland. having most of modern tech being build in China/Taiwan and Japan is a HUGE security risk for US (and other "wesetrn countries")