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Unlike Intel, SpaceX and Tesla actually deliver (and then some) on government grants. I'm willing to give successful parties that hold their end of the deal mor
by Dalewyn 2y ago
Unlike Intel, SpaceX and Tesla actually deliver (and then some) on government grants. I'm willing to give successful parties that hold their end of the deal more benefit of the doubt. All else being equal, nationalization is overall bad for commerce (see: USPS).
But Intel? They got their fucking money and dropped the fucking ball. Fool me once? Shame on you. Not again, if Intel wants further public money then I as a taxpayer want my share of Intel as collateral for that money spent. No taxation without representation.
TSMC can get away, for now: At least they are on track to open CHIPS-funded fabs soon. If they fail too, then no further funds without ownership too.