[dennisw]

The govt is giving $52 Billion, not million, billion to US chip manufacturers to set up and build in the US. Now, I would think chip production and demand is pretty high profit and don’t need the $52 billion but here ya go.

Intel is building 2 chip fabs in Arizona. Taiwanese TSMC is building a fab there too. I wonder if TSMC is getting this Federal subsidy too? TSMC is smart to build here, far away from CCP pressures, to allocate chips the way the CCP wants them to.

[setter]

“Intel is building 2 chip fabs in Arizona.”

Just announced 15 minutes ago the largest chip plant in the world is going to be built in New Albany Ohio.wow. Great news.

https://www.detroitnews.com/story/business/2021/06/08/senate-passes-china-competitiveness-bill-52-billion-chips/7607305002/