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Senate passes bipartisan bill to subsidize U.S.-made semiconductor chips

washingtonpost.com

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Re: Senate passes bipartisan bill to subsidize U.S.-made semiconductor chips

#11

Post by lettergram »

ziddoap wrote: post #7
notlukesky wrote: post #3

The headline is wrong and deceiving. The semiconductor part is 52 billion. Still a lot of graft and corruption for negligent management. They could have given them tax subsidies for capex investment for example instead of corporate handouts and payoffs to the Pelosi stock positions.

Putting aside the fact the HN title is completely different from the article title, I don't even see where $280B (in the HN title) comes from... There's a $250B mentioned in the article body, not a $280B.

Lol I updated it? But there’s a lot of articles with different values (interesting …)

https://www.msn.com/en-us/news/politics/senate-passes-280b-s...

It’s also interesting because it appears the title on the fox article changed so idk man

Re: Senate passes bipartisan bill to subsidize U.S.-made semiconductor chips

#12

Post by cbsks »

camjohnson26 wrote: post #9
theplumber wrote: post #8

Earlier quoted context omitted.

What stocks? Intel & AMD dont seem to have moved much. Asking for a friend.

nvidia, which they sold today at a large loss.

Has Nvidia announced they are building a fab? I haven’t heard anything about it.

Re: Senate passes bipartisan bill to subsidize U.S.-made semiconductor chips

#13

Post by Alupis »

cbsks wrote: post #12
camjohnson26 wrote: post #9

Earlier quoted context omitted.

nvidia, which they sold today at a large loss.

Has Nvidia announced they are building a fab? I haven’t heard anything about it.

I'm pretty sure Nvidia is a fabless design house (like AMD these days). Perhaps they are looking to change that.

Re: Senate passes bipartisan bill to subsidize U.S.-made semiconductor chips

#14

Post by colinmhayes »

pclmulqdq wrote: post #10
theplumber wrote: post #8

Earlier quoted context omitted.

What stocks? Intel & AMD dont seem to have moved much. Asking for a friend.

Pelosi bought a lot of Nvidia. It's unclear to me why they would benefit more than Intel.

Nvidia isn’t getting shit from this bill. It’s basically all going to intel with global foundries and other boutique fabs fighting for the scraps TSMC and Samsung leave behind.

Re: Senate passes bipartisan bill to subsidize U.S.-made semiconductor chips

#16

Post by 01100011 »

Such a monumental scam and a gross theft from taxpayers. Companies making billions of dollars in profits don't need free money. I could be onboard with a subsidized loan, but handouts are not needed.

FWIW, I work at a company that stands to benefit from this bill.

Does the US need to secure reliable semiconductor supply chains free of China? Sure. This is not the most cost effective way to do it.

Re: Senate passes bipartisan bill to subsidize U.S.-made semiconductor chips

#18

Post by 01100011 »

colinmhayes wrote: post #14
pclmulqdq wrote: post #10

Earlier quoted context omitted.

Pelosi bought a lot of Nvidia. It's unclear to me why they would benefit more than Intel.

Nvidia isn’t getting shit from this bill. It’s basically all going to intel with global foundries and other boutique fabs fighting for the scraps TSMC and Samsung leave behind.

There were some versions of the bill which had subsidies for chip designers as well. Not sure where that ended up.

Re: Senate passes bipartisan bill to subsidize U.S.-made semiconductor chips

#19

Post by qaq »

01100011 wrote: post #16

Such a monumental scam and a gross theft from taxpayers. Companies making billions of dollars in profits don't need free money. I could be onboard with a subsidized loan, but handouts are not needed. FWIW, I work at a company that stands to benefit from this bill. Does the US need to secure reliable semiconductor supply chains free of China? Sure. This is not the most cost effective way to do it.

What would be a good way?

Re: Senate passes bipartisan bill to subsidize U.S.-made semiconductor chips

#20

Post by pm90 »

WaPo article, which has more details about the bill and less details about what different “personalities” are saying: https://www.washingtonpost.com/politics/2022/07/27/senate-ch....

Overall, it looks great. We absolutely need to fund more semiconductor manufacturing. Losing that ability to China/Taiwan was just a terrible strategic mistake.

The US hasn’t lost this battle (over semiconductors) just yet. While current manufacturing is indeed dominated by East Asian countries, the vast majority of research still happens in US universities. This legislation allocates more funding for that research, fantastic.

Theres some political gamesmanship over some silly stock options of congresspeople… my response is, who gives a single shit. The country needs this bill.

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