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If a government finds a sector or company to have strategic importance they will not let it die. The rest is free-market absolutism that never comes to be. I be
by close04 1y ago
If a government finds a sector or company to have strategic importance they will not let it die. The rest is free-market absolutism that never comes to be. I believe today more than ever the US considers Intel to be of strategic importance.
> the money will flow there
Which money? The CHIPS act [0] isn't only for the ones who produce "better chips for less".
[0] https://en.wikipedia.org/wiki/CHIPS_and_Science_Act https://en.wikipedia.org/wiki/CHIPS_and_Science_Act
- epolanski 1y agoThe fact that US taxpayers will subsidize Intel does not mean that Nvidia, Google, AMD, etc are gonna other their chips there.
- threatripper 1y agoA little subsidy will not do it. We're talking about at least 100, 200, 400, 800 Billion Dollars in the next process generations. If it's government money, then maybe 2x-10x that to get the work done.