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> Before people jump onto talking about partisan politics It is not "partisan" politics, it is money politics. No money, no fab. Intel cannot commit to anythin
by Frieren 2y ago
> Before people jump onto talking about partisan politics
It is not "partisan" politics, it is money politics. No money, no fab. Intel cannot commit to anything with a fluctuating future that changes each minute.
Exclusive: Trump prepares to change US CHIPS Act conditions, sources say
https://www.reuters.com/technology/trump-prepares-change-us-chips-act-conditions-sources-say-2025-02-13/ https://www.reuters.com/technology/trump-prepares-change-us-...
- alephnerd 2y agoNo buyer will be prepared to buy a BU that has an additional $28B liability on the books. It would make it completely untenable for any buyer to acquire the Foundry BU.
- dmix 2y ago> Four sources with knowledge of the discussions told Reuters that the White House is concerned about many of the terms underpinning the $39 billion Chips and Science Act industry subsidies. > Those encompass additional clauses, including requirements added into contracts by the administration of President Joe Biden, including that recipients must use unionized labor to build factories and help provide affordable childcare for factory workers. Still sounds very megacorp friendly