I feel like in about 4 years time there's going to be a massive bust in chip prices from massive oversupply based on the plans for chip manufacture around the world?
Tech giants join call for funding U.S. chip production
41–50 of 301 posts
Re: Tech giants join call for funding U.S. chip production
#42How about you spend some of that cash hoard and do it yourself? I would rather the government start dealing with cyber attacks because that's going to affect the east coast something fierce if this crap keeps going. If the government gives money then it better talk to these companies about where their items are produced.
> How about you spend some of that cash hoard and do it yourself?
Because they are for-profit entities with shareholders interest as top priority, and it is much more profitable to use TSMC/Samsung for them. With subsidies, the situation may change.
Re: Tech giants join call for funding U.S. chip production
#43This is a much better investment than more f22
Re: Tech giants join call for funding U.S. chip production
#44> Intel Corp to create a new lobbying group to press for government chip manufacturing subsidies. Assholes. They don't need subsidies to produce chips competitively in America (since they already do) and Intel is one of the reasons the industry is so reliant on TSMC. I'd much rather see this money go to founding a domestic TSMC competitor than to Intel. Or even to TSMC to have them build plants in North America. Fabl…
Yes, let's subsidize a domestic TSMC competitor and pay for it by increasing corporate tax rates / closing loopholes. This is not a snarky comment btw.
It's in the same order of magnitude as the interstate highway system, as long as the chips are sold fairly, I think it counts as infrastructure.
Re: Tech giants join call for funding U.S. chip production
#45> Some of the world’s biggest chip buyers, including Apple Inc, Microsoft Corp and Alphabet Inc’s Google, are joining top chip-makers such as Intel Corp > to create a new lobbying group to press for government chip manufacturing subsidies None of those companies need subsidies.
Obviously they don’t need subsidies.
But economics works on incentives. Problem is these incentives are discontinuous and can change on a dime. You can accelerate a change by aligning incentives.
Chip manufacturing is important for products, but its also a security risk. The government should put up support to incentivize these companies to redirect capital towards US manufacturing. Otherwise the incentives for these companies are not going to align on a timeframe that is acceptable to employees and shareholders.
Now we can make all kinds of normative claims about how this should play out, but I honestly don’t have the energy to entertain that kind of conversation anymore.
Re: Tech giants join call for funding U.S. chip production
#46> Some of the world’s biggest chip buyers, including Apple Inc, Microsoft Corp and Alphabet Inc’s Google, are joining top chip-makers such as Intel Corp > to create a new lobbying group to press for government chip manufacturing subsidies None of those companies need subsidies.
In terms of fairness to these companies, yeah. They're rich and it sucks to give them our tax dollars. But in terms of maintaining the competitiveness and security of the US, seems like they do. As a rule, I don't care if giving someone money is fair. I care about whether it causes a general increase in the welfare of our society. Even as a non-recipient of these subsidies, I might be better off if they existed if th…
> As a rule, I don't care if giving someone money is fair.
Sure
> I care about whether it causes a general increase in the welfare of our society.
But by what metric do you measure that? There has been a tech boom in the last couple of decades but the inequality divide has been growing day by day.
Re: Tech giants join call for funding U.S. chip production
#47Wealthiest entities on Earth lobbies government for handouts. I'm not even being snarky, this is just a lobby group trying to socialize costs to avoid spending their own money. Explicitly: “Government should refrain from intervening as industry works to correct the current supply-demand imbalance causing the shortage,”. The industry is not stripped for cash at all, so if the government is not expected to steer, why s…
This is just the PR spiel we're seeing. What they're really saying is the usual: Local cost is too high to be competitive, subsidize or lose jobs. It's a naked power play (or pragmatic statement of fact, depending on your viewpoint). They're just framing it in a way they think will fit the current, protectionist mood.
Re: Tech giants join call for funding U.S. chip production
#48> Some of the world’s biggest chip buyers, including Apple Inc, Microsoft Corp and Alphabet Inc’s Google, are joining top chip-makers such as Intel Corp > to create a new lobbying group to press for government chip manufacturing subsidies None of those companies need subsidies.
I'm ok with subsidies if they open up their designs. Commoditize your complement. To some approximation and with few exceptions, hardware is everybody's complement.
Subsidise chips based on RISC V architecture?
Re: Tech giants join call for funding U.S. chip production
#49Is this for US companies only? I mean if all they want is Fabs in US surely the funding should be available for TSMC as well?
Otherwise why should TSMC invest billions in US while having US government handing out money to American companies competing against TSMC with their own money?
Re: Tech giants join call for funding U.S. chip production
#50[deleted]