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Germany paying $5.5B for Intel fab

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Re: Germany paying $5.5B for Intel fab

#101
post #5

Earlier quoted context omitted.

This is a very bad policy. We should instead invest in local companies, not a American monopoly like Intel.

> This is a very bad policy. We should instead invest in local companies, not a American monopoly like Intel. The origin of the company is irrelevant if they respect basic norms. How exactly is "intel" a monopoly when Advanced Micro Devices Inc. is also American?

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Re: Germany paying $5.5B for Intel fab

#102

Once again EU taxpayer money bankrolling US tech dominance. When will we ever learn to build up our domestic tech industry? And before the chip hipsters crawl all over my back to prove we ackshually have a powerful domestic semi industry, please name me another EU company, other than ASML (a company 90% of people here never heard of before the chip shortage), that has the same margins, dominance and ability to shape…

[deleted]

Re: Germany paying $5.5B for Intel fab

#103
post #16
post #2

Investing in local chip fabs is long overdue. These are incredibly important for geopolitical stability and should be distributed world-wide. We've centralized too many fabs in too few places in the search for low cost.

This will not do much with Taiwan being a single source for semiconductor manufacturing supplies. Much of critical blockers for chemicals, consumables, materials will still be in Taiwan just because the semi industry is that huge there. All 300mm fabs working outside of Taiwan are just few shipments of consumables away from stalling all the time. When Russia attacks Ukraine, the 3rd world is fucked. When China attack…

So Europe needs to start making supply factories, too.

With a fab, that's still difficult, but necessary.

Without a fab, however, that would have been deemed impossible and unrealistic.

Re: Germany paying $5.5B for Intel fab

#104
It's going to be a while before we are not depending on China. If you look at this 2020 Apple List of Suppliers: https://www.apple.com/supplier-responsibility/pdf/Apple-Supp... you can see the large variety of companies they they rely on for manufacturing.

Plugging this into Excel, you get the following distribution:

Country Count:

China 156 Japan 40 US 30 Taiwan 26 South Korea 23 Vietnam 21 Malaysia 15 Philippines 15 Thailand 15 Singapore 14 India 9 Germany 8 United Kingdom 4 Austria 3 Mexico 3 Belgium 2 Brazil 2 Czech Republic 2 France 2 Indonesia 2 Australia 1 Cambodia 1 Costa Rica 1 Finland 1 Ireland 1 Israel 1 Italy 1 Malta 1 Netherlands 1 Norway 1

apologies for the formatting.

Re: Germany paying $5.5B for Intel fab

#105

Once again EU taxpayer money bankrolling US tech dominance. When will we ever learn to build up our domestic tech industry? And before the chip hipsters crawl all over my back to prove we ackshually have a powerful domestic semi industry, please name me another EU company, other than ASML (a company 90% of people here never heard of before the chip shortage), that has the same margins, dominance and ability to shape…

Zeiss-makes all the highly complicated mirrors that go into asmls machines

XFAB-specialty fab in germany

Re: Germany paying $5.5B for Intel fab

#106

Earlier quoted context omitted.

I mean germany/the EU does pay subsidies to (cucumber)-farmers [0], there is literally billions each year flowing into keeping farmers somewhat afloat. [0] https://www.zeit.de/wirtschaft/2013-11/agrarreform-landwirts...

Maybe I am an US citizen and I want to start a business in Germany.

Okay, in that case you are eligible for a variety of loans, up to 40% of the costs of establishing the business, granted you are willing to establish it in the more rural eastern regions [0], additionally there is a wide variety of relatively lenient credits available for founding companies [1].

[0] https://www.iamexpat.de/career/entrepreneur-germany/start-up...

[1]

Re: Germany paying $5.5B for Intel fab

#107
post #85

Intel spent tens of billions on stock buybacks and now they're getting subsidies to build fabs. Why does the middle class taxpayer have to bail everyone out, with lower living standards due to taxation and inflation.

It's about national security. A fab is necessary for national security

Subsidizing an American company is not necessary for Germany's security. In fact, it undermines it.

Re: Germany paying $5.5B for Intel fab

#110
Sounds like a bargain given the local skill base support and industrial autonomy.

The most economical solution is to hand virtually all industrial expertise and capacity to China, who not coincidentally massively subsidizes its industrial base. China's government puts its thumb on the scale. Not doing the same is unilateral disarmament.

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