Wouldn't GlobalFoundries (HQ in New York and supposedly on the "Trusted Foundry" list) have made more sense, since they fabricate chips for multiple different companies, where as Intel only makes them for Intel? Boosts a competitor, opens up fab capacity for all and moves the needle on the intentions behind the CHIPS act, all at once.
Intel to Receive $8.5B in Grants to Build Chip Plants
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Re: Intel to Receive $8.5B in Grants to Build Chip Plants
#132I actually knew one of these people who were fired: She was our housecleaner. And--like the supper-smart garbage man of the Dilbert Cartoons, she was very smart. Smarter than me. I know because she helped me solve some problems I couldn't solve on my own.
Why was she cleaning houses? Tragic story. No doubt she could have gotten a Ph.D., but she was older, had some health problems which wouldn't let her work 60-80 hours a week. And she was black, perhaps discrimination was a factor too.
I'd hate to even think of how smart you have to be to work in FABs today, but let me tell you, not even $8.5 billion is going to create more of these people. Best you can hope for is you can pay them enough to get them to work for you.
Re: Intel to Receive $8.5B in Grants to Build Chip Plants
#133Earlier quoted context omitted.
I imagine we’d have that skilled workforce if companies paid enough. I’m a former construction contractor who reinvented myself as a software developer. Each time I run into one of my former peers in the construction industry I hear the same complaints from them. “We can’t hire any good help.” Yet they are still paying the same non living wages that they have for 30 years.
To be clear, I'm not saying we can't have this skilled workforce. Merely that we don't have it today. So the pipeline to employ Americans for these jobs is going to require increasing the funnel of people who learn the skills, become junior engineers, learn more on the job, then become senior engineers. That's a long pipeline to beef up the numbers.
Re: Intel to Receive $8.5B in Grants to Build Chip Plants
#134Re: Intel to Receive $8.5B in Grants to Build Chip Plants
#135Wouldn't GlobalFoundries (HQ in New York and supposedly on the "Trusted Foundry" list) have made more sense, since they fabricate chips for multiple different companies, where as Intel only makes them for Intel? Boosts a competitor, opens up fab capacity for all and moves the needle on the intentions behind the CHIPS act, all at once.
Re: Intel to Receive $8.5B in Grants to Build Chip Plants
#136We're living through the silicon age and Intel has made a total dog's breakfast of it. Stagnant revenues, falling profits. Both should have been growing geometrically. Just compare these companies: https://valustox.com/INTC https://valustox.com/AMD https://valustox.com/AVGO https://valustox.com/AMAT Even Qualcomm has seen good growth: https://valustox.com/QCOM This is how it's done: https://valustox.com/NVDA EDIT the…
Re: Intel to Receive $8.5B in Grants to Build Chip Plants
#137Right now one of the biggest blockers in on-shoring semiconductor fab at any kind of reasonable price-point and timescale is the lack of a skilled workforce. This legislation has dual objectives: train new people to get into sophisticated manufacturing AND to build out the actual infrastructure itself. That almost guarantees it won't be the most efficient way to actually get these chips on American soil. Whether we l…
I imagine we’d have that skilled workforce if companies paid enough. I’m a former construction contractor who reinvented myself as a software developer. Each time I run into one of my former peers in the construction industry I hear the same complaints from them. “We can’t hire any good help.” Yet they are still paying the same non living wages that they have for 30 years.
Re: Intel to Receive $8.5B in Grants to Build Chip Plants
#138U.S. Department of Commerce Proposes up to $8.5 Billion in Potential Direct Funding for Intel Under President Biden’s Investing in America Agenda to Support Multiple Projects in Arizona, New Mexico, Ohio, and Oregon
Re: Intel to Receive $8.5B in Grants to Build Chip Plants
#139These handouts need to stop.
Re: Intel to Receive $8.5B in Grants to Build Chip Plants
#140We're living through the silicon age and Intel has made a total dog's breakfast of it. Stagnant revenues, falling profits. Both should have been growing geometrically. Just compare these companies: https://valustox.com/INTC https://valustox.com/AMD https://valustox.com/AVGO https://valustox.com/AMAT Even Qualcomm has seen good growth: https://valustox.com/QCOM This is how it's done: https://valustox.com/NVDA EDIT the…
Well, you can chase short term profit and send your designs off to TSMC, or you can own your own foundry. This is exactly why it's in the interest of the US government to ensure that Intel doesn't totally abandon US manufacturing just like AMD did years ago.
The US does of course need on-shore chip foundries for strategic reasons.