Nice, I hope I'll be able to get job there
What kind of skillset is needed there?
Germany paying $5.5B for Intel fab
281–290 of 593 posts
Re: Germany paying $5.5B for Intel fab
#282Earlier quoted context omitted.
Intel is far from a monopoly in the foundry business and is frankly, the only realistic option outside of TSMC to make this happen. And the US does the same thing in terms of tax breaks for German automotive companies building manufacturing plants. Which again, makes sense, because you want to make sure you have manufacturing across continents in case Russia invades Germany and blows up all of the auto plants (for ex…
Russia is not going to invade Germany. Stop spreading nonsense.
Frankly, with NATO around they don’t Have to invade Germany to get Germany involved in a war - if they invade any NATO member, Germany will get involved, which means Germany is a target for retributive strikes.
Re: Germany paying $5.5B for Intel fab
#283Earlier quoted context omitted.
It is very important for national stability. A highly-interconnected global economy is arguably better at securing international stability.
That was the main argument for global trade already in 1914. France was Germany's most important commercial partner, and vice-versa. All German rifles had stocks made from French walnut wood! All French locomotives had German-made tubing! This stupid mantra was repeated ad nauseam after 1991, too, with silly op-eds from Friedman and friends about how two countries with McDonald joints in both can't be at war and simi…
more interconnectedness = less % chance of war
not absolute 0 % chance of war
Re: Germany paying $5.5B for Intel fab
#284Earlier quoted context omitted.
Would you mind explaining why you think this is the case?
They are dependent on and subservient to the US and its geopolitical interests. We see this right now with Germany self-sabotaging it's own economy and industrial power by cutting off cheap Russian energy at the direction of US policy interests (Nord Stream 2 was agreed upon for years between Russia and Germany but thwarted at every turn, sanctioned etc by US).
Ah yes, the US interest of not funding Russia's invasion of Ukraine.
Heaven forbid any Europeans have any interest themselves in not helping a warmonger. Obviously they can only do this at the behesr of Uncle Sam.
Re: Germany paying $5.5B for Intel fab
#285Earlier quoted context omitted.
Intel is far from a monopoly in the foundry business and is frankly, the only realistic option outside of TSMC to make this happen. And the US does the same thing in terms of tax breaks for German automotive companies building manufacturing plants. Which again, makes sense, because you want to make sure you have manufacturing across continents in case Russia invades Germany and blows up all of the auto plants (for ex…
Russia is not going to invade Germany. Stop spreading nonsense.
You probably shouldn't be downvoted for that. Russia of the present, and for at least the next few decades, is entirely incapable of getting anywhere near staging an invasion of Germany. Russia and it's hyper incompetent military can't even make it a quarter of the way through Ukraine.
The best Russia could do is bomb Germany from a distance, which could pose a small threat to valuable infrastructure like fabs.
Re: Germany paying $5.5B for Intel fab
#286Earlier quoted context omitted.
Not that complex... Right. It's complex and costly enough enough that France keeps losing out. It's ridiculous, really, because there is no good reason for this. It's a mix of lack of self-awareness and ideology. France is not an isolated case, though. Many countries are like that, sadly.
> It's a mix of lack of self-awareness and ideology Respectfully disagree. The current president, who was just reelected, literally won his first campaign on "i'll improve things for business, make it easier, enable startups, optimise government expenditures". And he enacted many business-oriented reforms that have enabled quite a startup boom ( for the French and EU standards, of course it's nowhere close to the US…
They always win campaigns by promising a lot of things and then rarely deliver. He is no exception, overall the 'reforms' have been minimal and the 'old recipes' (I.e. hand government subsidies as soon as people complain) have not changed.
Ideology, well just with my comments here many would label me 'liberal', which in France is borderline derogatory for some people with the meaning of 'free market capitalist bent on exploiting the working-class', simply for stating that there may be no need for millions of civil servants, myriads of taxes, and red tape for everything... the far left dominates the left at the moment, after all.
Self-awareness because many people in France do not even realise this or how simple things could be. For instance, the 'attestation' people needed to fill in to leave their homes during Covid lockdowns. From abroad it looked like pointless red tape madness, while in France someone obviously seriously thought that was a good idea and they were very serious about it.
Re: Germany paying $5.5B for Intel fab
#287Investing 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.
It is very important for national stability. A highly-interconnected global economy is arguably better at securing international stability.
And, in particular, the monopoly Taiwan has over precision chip making is deeply important to their national stability.
Re: Germany paying $5.5B for Intel fab
#288Investing 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.
It is very important for national stability. A highly-interconnected global economy is arguably better at securing international stability.
It’s also very good at securing international ossification, creating a stultifying society of sameness, with the same few billionaires, multinationals, and technocrats running the show, pushing societal and international stability in service of profits.
I don’t think the result is a net positive. It looks more like keeping a lid on justified dissatisfaction while preventing any upset of the status quo.
Re: Germany paying $5.5B for Intel fab
#289Wow. For those old (or well-read enough in history) enough to have a sense of just how dominant Germany once was, world-wide, in science, technology, chemistry, optics, etc. etc....this news feels kinda like a tombstone of German identity.
Lol, Germany was never anywhere close to being a leader in chip manufacturing (and why should it in a global market). Arguably, even East Germany had a better chip industry than West Germany in the 70s and 80s, but that was still 5..10 years behind the state of the art.
Re: Germany paying $5.5B for Intel fab
#290??? Why intel??? Why not ASML???
I wouldn't be surprised if Germany would also find value in an ASML facility, but as I understand it, ASML doesn't make fabs. They make the tools technology used in fabs. They're different parts of the supply chains.
Even if they were both in the same business, it's not like ordering whichever brand you want from Amazon. If ASML wants to build something in Germany, they will, and Germany can incentivize that, but it's still up to them. Germany can't just tell them to do it anyway.