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Biden Expected to Announce Billions in Chip Subsidies, WSJ Says (www.bloomberg.com)

submitted 9 months ago by L4s@lemmy.world to c/technology@lemmy.world

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Biden Expected to Announce Billions in Chip Subsidies, WSJ Says::The Biden administration is expected to soon announce billions of dollars in new subsidies to chipmakers including Intel Corp. and Taiwan Semiconductor Manufacturing as part efforts to reshore production, the Wall Street Journal reported.

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[–] foggy@lemmy.world 16 points 9 months ago* (last edited 9 months ago) (11 children)

More? Welp, I'm gonna keep saying it. Take with a grain of salt, I'm a tech guy not a geopolitical knowledge base:

The US is trying to move TSMC operations to US soil.

I'll copy and paste it again:

I will keep reposting my thoughts on what's going on.

Xi told Biden that China plans to invade Taiwan. This is an act of diplomacy, giving the US a chance to prevent this from triggering WWIII.

China wants Taiwan for a myriad of reasons, not the least of which is TSMC, coupled with the AI embargo the US has levied on China. China must invade Taiwan if they want to be relevant in the tech sector 10 years from now.

Suddenly, Intel, who was once competitive with TSMC and now relies on them entirely, is telling us that "we will be beyond TSMC by 2024" really? No one's buying it. Sounds like a publicity headline to satisfy military brass or some senators or something.

Now we're investing directly in domestic chip manufacturing.

I'm surprised it's not more cash tbh.

Update: it is more cash. A lot more.

The US is trying to effectively move TSMC operations to US soil, in some form or another.

[–] Apollo2323@lemmy.dbzer0.com 3 points 9 months ago* (last edited 9 months ago)

The government should give the Taiwanese a very simple way to move the US so they can work on those very advance semiconductors and be safe from the war that will eventually come.

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