[Nateman]

It is even worse. The Biden deal essentially sabotages the factories. By taking the loot Intel has to hire from groups of people who historically don't have enough people to get the job done. If , for example, the subsidy requires the hiring of transsexual Mozlem midgets from Somalia, you are not going to get the people you need.

[Jacquerie]

Exactly.

<> Intel announced that it’s putting the brakes on its Columbus factory. The Taiwan Semiconductor Manufacturing Company (TSMC) has pushed back production at its second Arizona foundry. The remaining major chipmaker, Samsung, just delayed its first Texas fab.<>

<>Commentators have noted that CHIPS and Science Act money has been sluggish. What they haven’t noticed is that it’s because the CHIPS Act is so loaded with DEI pork that it can’t move.<>

<>The law contains 19 sections aimed at helping minority groups For instance, chipmakers have to make sure they hire plenty of female construction workers, even though less than 10 percent of U.S. construction workers are women. They also have to ensure childcare for the female construction workers and engineers who don’t exist yet. They have to remove degree requirements and set “diverse hiring slate policies,” which sounds like code for quotas. They must create plans to do all this with “close and ongoing coordination with on-the-ground stakeholders.”<>

<>In short, the world’s best chipmakers are tired of being pawns in the CHIPS Act’s political games. They’ve quietly given up on America.<>

DEI killed the CHIPS Act.